Analysis: Rally on the Cards as Bitcoin Derivatives Flash Extreme Pessimism
Historical data suggests that periods of persistent negative funding have often come before sharp price jumps for BTC. Bitcoin’s derivatives market has reached what Real Vision’s Jamie Coutts is calling a state of “excessive pessimism” after his Derivative Risk Score hit 1. Furthermore, the analyst said BTC’s 7-day moving average funding rate has fallen to the […]
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