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Bitcoin shows mixed signals with longest negative premium streak and bearish NUPL crossover, but price holds near $63K.

Technical Signals
08 Jul 2026
AMBCrypto
View Source
Neutral
pluang ai news

Bitcoin's Coinbase Premium Index has recorded its longest 50-day negative streak, signaling subdued institutional demand or net selling. Additionally, Bitcoin's Net Unrealized Profit/Loss (NUPL) short-term average crossed below its long-term average, indicating declining investor profitability and waning momentum. Despite these bearish signals, Bitcoin's price remains resilient around $63,148, showing some bullish momentum but still below its early May peak near $80,000. Market watchers are closely monitoring key support zones and institutional inflows, as the market could either stabilize or face further declines before a significant bottom forms.

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