The Coinbase Premium Bitcoin (BTC) Price Index rose to the -0.07 point zone, reflecting a notable recovery. Such a move would end the bear market that has been ongoing since early 2026.
The index reached -0.22 last week, its lowest level in more than a year. I haven’t exactly set foot in the area since December 2024.
The subsequent upward reversal has not turned positive so far, but shows that institutional whale accumulation is increasing. This is a bullish signal for Bitcoin as this class of investors moves large amounts of money.
The Coinbase Premium index measures the price difference between the BTC-USD pair on the Coinbase Pro exchange and the BTC-USDT pair on Binance. The first platform is considered the gateway for institutional investors to buy cryptocurrencies. The second one, on the other hand, is primarily used by retailers.
Therefore, this indicator is used to track the movements of institutional whales. When you go up, This shows that demand from these investors is growing faster than demand from retailers..
Institutional demand due to price decline
When this indicator reaches a high positive value, it is inferred that institutional whales are making strong purchases, even though the price has risen sharply. This is not happening at the moment as we have not crossed the zero line. Demand has been stimulated by falling prices.
In turn, it also serves to reflect the health of the dollar relative to the USDT stablecoin. If the value of the dollar falls, as it did last year, encouraging investment in other assets, or if investments in the US dollar become more preferred, the index could rise. M2, a measure of money in circulation, said the rise was also driven by increased dollar liquidity.
In any case, it should be noted that the concept of Binance as an exclusive platform for retailers has been left behind. In just two years, the average size of each Bitcoin transfer to exchanges has increased more than 30 times. By December 2025, this reached 21.7 BTC. Therefore, it is estimated that the difference with Coinbase Pro will continue to decrease over time.
indicator movement This is consistent with the price of Bitcoin indicating consolidation. It is now around $70,000 (USD) after rebounding from $60,000 four days ago. At this point, it was the lowest level in a year and a half.
If institutional whales continue to accumulate, the rise is likely to continue. The coin is trading at $68,770 at the time of writing, 45% below the $126,000 high it marked in October.
The market is rebounding Validated a price close to $60,000 as a buying opportunity. Still, as reported by CriptoNoticias, a new decline cannot be ruled out if demand is not maintained.
temporary background signs
According to analyst Michael van de Poppe, two factors make it difficult for Bitcoin to fall below $60,000 anytime soon. The Fear and Greed Index reached an all-time low and the Relative Strength Index (RSI) reached 15. This level is Not seen since the 2020 coronavirus crash and the 2018 crypto winter. In other words, the market is currently oversold and could be at the bottom of a decline.
“We expect to see some consolidation and modest gains, and a return to momentum and strength in the market,” he said. “As history has shown, these moments are what you want to accumulate, and that’s done based on indicators and indicators, not on whether something is ‘expensive’ or ‘cheap’,” he added.
This week, attention will be focused on the White House meeting on the virtual currency market structure bill on February 10th, the US unemployment rate on the 11th, the number of new unemployment insurance claims on the 12th, and inflation data for North American countries on the 13th.
Outcomes considered positive for the economy or the progress of cryptocurrencies they will be able to stimulate market sentiment. Failure to do so may undermine price recovery, which is key to development.
