Bitcoin (BTC) Price Reaches $60k; Max Keiser Predicts Next Target $77,000.

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Mar 14, 2021 6 Comments

After a brief period of consolidation, Bitcoin price today finally breached its previous all time high of $58, 350 and moved past $60,000 mark. Bitcoin analyst Max Keiser has predicted next short target as $77,000. Analysts are contributing this rise in price to large negative bitcoin price premium difference at coinbase & binance suggesting large spot buys for bitcoin.

Coinbase Pro (USD pair) and Binance premium gap at -$332
Coinbase premium as reported by coingape has served as one of the indicators for quantifying price movement. It is worth noting that this move up past $60,000 by Bitcoin seems to be fueled by large Bitcoin spot buying at Binance. As per the data shared by CryptoQuant, the bitcoin price premium difference between Coinbase Pro and Binance for USD pairs reached as low as -$332 which is one among the lowest so far.

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