The Coinbase Premium metric, which tracks the price difference of Bitcoin between Coinbase Pro and Binance, has shown significant differences at $53,000 and $72,000. Whales bought Bitcoin at the upper range and sold it at $53,000, establishing it as a key support level. The CryptoQuant founder suggests that a near-zero premium could act as a support or resistance level. The price of Bitcoin has returned to $60,800 after a dip and there is mixed sentiment regarding its future, with some predicting a potential slip back to the $58,000 range. However, Bitcoin has shown resilience during uncertain times in the past.



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