Coinbase: 90-Day Negative Premium Record

Coinbase premium has now posted 90 straight days in negative territory, the longest stretch of US spot demand weakness versus offshore markets on record as of August 2026, forcing more domestic buyers to enter if global flows are to rebalance. BTC trades at $63057.09 inside the Bollinger Bands with upper resistance at $63734.33 and lower support at $62679.4; the 4h structure remains bearish as price sits below both EMA50 at $63645.37 and EMA200 at $63683.28, yet MACD has printed a bullish golden cross at -223.36 while RSI(14) holds neutral at 39.75, pointing to a likely test of the lower band before any sustained upside. This prolonged premium divergence shapes BTC price prediction models, US spot demand analysis, and offshore crypto flows impact for the next quarter.