Is Bitcoin Poised for a Comeback? Analyst Highlights Critical Divergence in US and Asian Market Trends

As of April 18, 2025, market analysts are closely monitoring a significant divergence between Bitcoin’s performance in US and Asian trading sessions. This emerging trend suggests potential early signals of recovery, with Asian markets showing stronger accumulation patterns compared to US counterparts. The divergence could indicate shifting regional sentiments or institutional positioning ahead of anticipated macroeconomic developments. Technical analysts note this pattern often precedes trend reversals, though confirmation from trading volume and on-chain data is still pending.

Bitcoin Coinbase Premium Tightens While Korea Lags

According to Avocado, the Coinbase Premium, which measures the price difference between Bitcoin on Coinbase and other major exchanges, has begun to show a constructive pattern. The analyst wrote:

Since the beginning of the prolonged correction in March 2024, the Coinbase Premium has displayed a pattern of compressing highs and lows. This was followed by a sharp rise in buying activity on Coinbase, causing the premium to spike and Bitcoin’s price to surge.

Currently, the premium is once again narrowing into a triangle pattern of lower highs and higher lows. Avocado interprets this as a potential precursor to renewed upside momentum in the market, similar to past cycles.

“This pattern suggests that institutional and US-based demand is recovering, even as overall market conditions remain unstable,” he added. In contrast, the Korea Premium Index, which tracks the price spread between Korean exchanges and global averages, has shown a weaker profile.

Avocado explained that this index trended lower throughout 2024 and only began to rise after Bitcoin had already started to rally, indicating delayed participation from Korean retail investors.

This divergence between the two metrics highlights a shift in regional market leadership, with US investors currently taking a more proactive role.

Highlighting the Role of Regional Indicators in Market Recovery

In his analysis, Avocado concluded that although macroeconomic uncertainty continues to influence short-term movements, indicators like the Coinbase Premium are showing signs of healthy demand. He pointed to the ongoing formation of a support base near $84,000 as a positive development in market structure.

“Although overall market conditions remain unstable, the upward trend in the Coinbase Premium’s lows indicates healthy demand,” he noted. “This bodes well for a potentially strong mid- to long-term recovery in Bitcoin’s price trajectory.”

Featured image created with DALL-E, Chart from TradingView