Bitcoin's Rally Loses Momentum as Indicators Signal Short-Term Decline
The Bitcoin price surge that occurred on Sunday night has stalled near $79,400, exhibiting signs of exhaustion, with multiple indicators suggesting potential short-term weakness as the price returns to around $77,000.
The Coinbase premium index, which had been positive since April 8, has turned negative for the first time, according to data from Coinglass, dropping to -0.04%. This shift f…