Onchain data showed a $1.6 billion surge in buying and a Coinbase premium gap of $92, signaling US-led demand. Analysts see resistance near $130,000, with price discovery possible next week. Meanwhile, the Coinbase Premium Gap, which measures price differences between Coinbase and Binance, rose to $91.86. Bitcoin Coinbase Premium Gap. Hold it over the weekend, and I expect price discovery to resume as early as next week.”Trader Rekt Capital described this stage as “Phase 3 Price Discovery” of the current cycle, the breakout phase, where new highs get established.