Bitcoin Recovery in Motion? Analyst Tracks Key Divergence Between US and Asia Market

Bitcoin appears to be entering a period of consolidation following a brief burst of upward momentum earlier this week. After reaching nearly $86,000, the cryptocurrency has retraced slightly and is trading around $84,650 at the time of writing. Despite the pullback, analysts continue to monitor on-chain data to assess whether renewed buying pressure could support a more sustained recovery. One of those analysts, CryptoQuant contributor Avocado Onchain, recently shared his insights in a post titled “Coinbase Premium Signals Signs of Recovery Amid Market Turmoil, While Korea Premium Index Remains Lagging source: https://www.newsbtc.com/bitcoin-news/bitcoin-recovery-in-motion-analyst-tracks-key-divergence-between-us-and-asia-market/