i think the price now is getting ready to break above its consolidation zone which has been trading in for more than 3days
this will be a nice rally to take some longs
Whenever BTC went up below 38k, the funding rate turned to a negative value. This is the sign of bottom zone.
This doesn’t mean the market won’t go lower in this zone.
Simply if BTC goes dip a bit 3-7%, the recovery will be very fast!
this will be a nice rally to take some longs
Whenever BTC went up below 38k, the funding rate turned to a negative value. This is the sign of bottom zone.
This doesn’t mean the market won’t go lower in this zone.
Simply if BTC goes dip a bit 3-7%, the recovery will be very fast!
