🇺🇸🤑 Bitcoin’s Big Sell-Off: Are Americans Dumping Crypto? 😱

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Oh, Bitcoin. You’re like that friend who shows up to the party, spills their drink, and then blames the carpet. Since the market crashed harder than my hopes of finding a good Tinder date in October, you’ve been… well, let’s say struggling. Downward spirals? Check. Support zones? Breached like a poorly guarded castle. 🏰💔

And the crypto market? It’s giving end-of-days vibes. But hey, let’s not blame the messenger-or should we? Apparently, the Americans are the ones throwing Bitcoin under the bus. 🚗💨 According to some on-chain wizardry by Maartunn (yes, that’s a name), US investors are selling Bitcoin like it’s last season’s fashion. 👠👎

Coinbase Premium Gap: -$57 💸

So, here’s the tea ☕: The Coinbase Premium Gap (fancy name, I know) is basically a snitch that tells us if US traders are buying or selling Bitcoin like it’s Black Friday. Right now, it’s screaming “SELL! SELL! SELL!” at a cool -$57. That’s right, Americans are dumping Bitcoin faster than I dump a text convo that starts with “Hey, what’s up?” 🙄

For context (because I’m nice like that), this metric compares Bitcoin prices on Coinbase (the US darling) to offshore exchanges like Binance. Positive gap? Americans are buying like it’s 2017. Negative gap? They’re selling like it’s 2022. Guess which one we’re in? 🤡

Coinbase Premium Gap Chart

So, what’s the takeaway? US traders are offloading Bitcoin like it’s hot garbage, and the price is responding by doing the limbo-how low can it go? 🪗 But hey, don’t panic (yet). History says this could be the calm before the storm… or the storm before the calm. Who knows? Not me, I’m just here for the drama. 🎭

BTC’s Future: A Coin Toss? 🎰

Long-term, Bitcoin’s direction is about as clear as my life plans after three glasses of wine. 🍷 In the past, these sell-offs have led to market bottoms, followed by glorious rebounds. But this time? It depends on whether fresh demand shows up or if we’re all just doom-scrolling into oblivion. 📉

If the selling keeps up and no one steps in to save the day, Bitcoin might keep sliding south. But if the gap flips to positive? Well, that’s the crypto equivalent of a plot twist. 🌪️ As of now, Bitcoin’s chilling at $88,260, doing absolutely nothing. Same, tbh. 😴

Bitcoin Price Chart

So, what’s the moral of this story? Americans are moody, Bitcoin is dramatic, and I’m just here for the memes. 🤑💫

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2025-12-20 21:16