Key Takeaways:
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Positive Coinbase premium index signals strong US retail demand demand to buy a dip.
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Strong ETF inflows and Bitcoin treasury companies boost BTC’s potential recovery.
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Despite the aggressive short-side pressure, the risk of another extermination event is declining.
Bitcoin (Btc) fell from monthly high around $ 118,000, dropping nearly 5.5% to low intraday today of $ 111,571. While it was just a 10.4% drawdown from $ 124,500 all-time highMany metrics suggest that the price range between $ 112,000 and $ 111,500 may be the new bottom scope before BTC has recovered new highs.
Coinbase Premium remains positive in spite of the dip price
Bitcoin’s recent recovery to a four -week high $ 118,000 from a low $ 107,400 between Sept. 1 and Sept. 18 may be slightly attributed to increasing retail demand in the United States. That was evident by a sharp increase in the Coinbase Premium index at the time.
Coinbase Premium Index measures the difference in pricing between the BTC/USD pair to the largest US exchange, Coinbase, and BinanceEquivalent to BTC/USDT.
Related: Biggest long extermination of the year: 5 things to know in bitcoin this week
More importantly, the index remains positive, rising to 0.075 on September 22 from 0.043 on September 21, though Bitcoin dropped 4% to $ 112,000.
“The Coinbase Premium remained positive all over the week,” even on the latest sale, Says Analyst btc_chopsticks on an x post on Monday, adding:
“As long as the index stays positive, I remain bullish with BTC.”
A rising Coinbase premium is a proxy for increasing demand from US retail investors.
In addition, Bitcoin’s apparent demanding, which offers a greater view of the worldwide onchain BTC demand, remains high despite the fall of the price yesterday, with a slight increase in the last 24 hours.
This indicates that new investors are constantly entering the market, providing the tails needed to resolve BTC price recovery.
Institutional bitcoin demand “remains stable”
BTC’s reversed potential is already -back of Growing institutional demandStrongly proven to be in Bitcoin investment products.
Data from coinshares shows that Institution investors increased their exposure In Bitcoin investment products, which saw the flow of $ 977 million, making up more than 51% of the total flow last week.
The US Bitcoin ETF -based area saw $ 876 million in net inflows last week, data from shows in Sosovalue.
Meanwhile, Bitcoin Treasury companies are aggressively accumulated, along with Japan Metaplanet becomes fifth largest Bitcoin holder After getting 5,419 BTC for $ 632.53 million, carrying a total of 25,555 BTC worth nearly $ 3 billion.
Michael Saylor’s The approach has added 850 BTC for $ 99.7 million Last week, Bitcoin’s total handling was brought to 639,835 BTC.
“Despite close weakness, institutional support remains stable,” the QCP capital trade company write In a note to investors on Tuesday, adding:
“The approach and metaplanet continue to increase, as the ETF spots flowed last week with a signal that promoted the purchase.”
Traders are also positioning for October, which is the “strongest month of BTC, with active demand for 120K -125K calls,” he added.
BTC absorbs seller-Side pressure from short traders
Despite the ongoing sale of invasion of Binance’s derivatives since mid-July, Bitcoin has often held the land for a tight $ 110,000- $ 120,000 range. Cumulative Volume Delta (CVD) Data Stays Negative, signal that short-selling pressure from takers is constant.
However, the inability of the price to break the significantly lower suggests that this flow is absorbed, indicating accumulation.
This elastic structure can be boosted by the extermination data pointing toward reduced downward pressure.
Bitcoin researcher Axel Adler Jr said that even Large long liquid Saw yesterday suggested that the bears dominated the market, the frequency of prevention remains low, adding:
“The risk of additional bearish pressure from fluids is medium.”
The risk of additional bearish pressure from fluids is medium.
Net liquidations remain negative near —40m, reflecting the ongoing long wipeout and maintaining the downside pressure in the area. However the intensity of Liquidation Z-Score (365D) is neutral/moderate, suggesting that there is no cascade risk for… pic.twitter.com/fru9spsycz
– Axel 💎 ADLER JR (@AXELADLERJR) September 23, 2025
High US retail demand, strong institutional support and reduced risk of a collapse driven by extermination boosts the argument that Bitcoin constitutes a bottom of close to $ 112,000.
While Short -term volatility may continueThe underlying bid, perhaps institutional, can make a sharp correction below this level that is especially unlikely.
This article does not contain investment advice or recommendations. Every transfer of investment and trading involves risk, and readers should conduct their own research when deciding.
