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Bitcoin’s price has been on a rollercoaster ride recently, but it seems like the tide may be turning in its favor once again. The Coinbase Premium Index has flipped positive for the first time in 2025, indicating a surge above $102,000 and a renewed upward momentum.
The market is filled with euphoria as investors’ behavior has shifted from selling pressure to buying pressure. In fact, data from CryptoQuant shows that the index rose to nearly 0.001, signaling a fundamental shift in investor sentiment.
Furthermore, Coinbase reported a single block outflow of 4,012 BTC at 18:04 local time, accompanied by the Coinbase Premium Index turning positive. This suggests that buying pressure is once again becoming the dominant factor in US investors’ behavior.
As a result, this data implies that we may be witnessing the start of a new uptrend for Bitcoin (BTC).
Source: bitcoinist.com
