Bitcoin Holds Above $77K as 14-Day Coinbase Premium Persists Amid Eased US-Iran Tensions
Bitcoin trades above $77,000 on April 23 with the Coinbase Premium positive for 14 straight days, the longest streak since October 2025, fueled by sustained US demand and eased US-Iran tensions. The signal emerged April 9–22, driving BTC to $78,000 and a 14% April gain, while triggering $199M in 24-hour liquidations—$133M shorts vs. $66.6M longs, including $60.8M intrahour short squeezes. Polymarket shows 99.9% conviction on a $68K floor ($481K USDC volume) but just 1% odds for $88K breakout ($343 USDC), highlighting buyer control yet limited rally bets pending institutional flows.