"Bitcoin Coinbase Pump (or dump) ", is an indicator I created and it shows when purchases on Coinbase are peaking. It has made me lots of money since I created it because it is useful in identifying when the large institutions start buying!
Lately Coinbase has been catering for institutional buyers and some trends are emerging when these institutional buyers start purchasing Bitcoin on Coinbase. Most evident is the difference in price which results over other exchanges such as Binance just a few hours after they start purchasing.
When institutional buyers start purchasing Bitcoin on Coinbase, the Binance price starts following it (most probably due to algos and bots trading on Binance that start reacting to the price on Coinbase).
This indicator can give you an idea of great entry points. When the indicator is over 0 it is showing the difference in USD between the Coinbase BTCUSD price over Binance BTCUSDT price. When the indicator is negative it means that the Binance price is leading over Coinbase at the moment.
I managed to clearly Identify when institutional purchasers started purchasing (identified by the green circle on the indicator and the green arrow on the main screen), sold just before bitcoin price peaked (identified by the red circle and arrow on the screen).
Now the indicator is on neutral (blue) meaning that the price will trend to the right without major moves up or down for a while.
If you are interested in using this indicator please private message me.
Lately Coinbase has been catering for institutional buyers and some trends are emerging when these institutional buyers start purchasing Bitcoin on Coinbase. Most evident is the difference in price which results over other exchanges such as Binance just a few hours after they start purchasing.
When institutional buyers start purchasing Bitcoin on Coinbase, the Binance price starts following it (most probably due to algos and bots trading on Binance that start reacting to the price on Coinbase).
This indicator can give you an idea of great entry points. When the indicator is over 0 it is showing the difference in USD between the Coinbase BTCUSD price over Binance BTCUSDT price. When the indicator is negative it means that the Binance price is leading over Coinbase at the moment.
I managed to clearly Identify when institutional purchasers started purchasing (identified by the green circle on the indicator and the green arrow on the main screen), sold just before bitcoin price peaked (identified by the red circle and arrow on the screen).
Now the indicator is on neutral (blue) meaning that the price will trend to the right without major moves up or down for a while.
If you are interested in using this indicator please private message me.