Data shows the Bitcoin Funding Rates have turned negative across exchanges recently, indicating bearish bets are currently dominating. Aggregated Bitcoin Funding Rates Have Plunged As pointed out by analytics firm Santiment in a new Funding Rate” here refers to an indicator that keeps track of the amount of periodic fees that derivatives market traders are…
View More Bitcoin Short Bets Surge—Will Bears Get Squeezed?
Bitcoin is once again at a decisive moment after several days of tight consolidation around the $110K level. Bulls are making an effort to defend this critical support, while also eyeing the $113K resistance as the next key barrier. A breakout above it could provide the momentum needed for BTC to retest higher supply zones…
View More Bitcoin Futures Pressure Score Hits 18%: Shorts Are Losing Momentum
Bitcoin is red hot again. Price reached $97,500 before dipping slightly lower to $97,000, and the markets are abuzz. Sellers anticipating Bitcoin’s upswing might be in for trouble. Figures reveal over $3 billion worth of short positions potentially being erased should Bitcoin move over the coveted $100,000 threshold. Massive Short Positions Clustered Below $100K According…
View More Bitcoin At $100K? $3 Billion In Shorts Are On The Line