List of Flash News about BTC price bottom signal
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07:58 |
Bitcoin Funding Rates Turn Negative: Key Bottom Signal Suggests Potential Upside for BTC Price
According to @CryptoDonAlt on Twitter, Bitcoin funding rates have turned negative across major exchanges, which is historically considered a textbook bottom signal for BTC price action. Traders often interpret negative funding rates as an indicator that bearish sentiment is reaching an extreme, potentially setting the stage for a reversal and upward movement. This trading signal has previously aligned with significant price bottoms, providing actionable insight for those monitoring crypto market cycles (Source: @CryptoDonAlt, Twitter, 2024-06-10). |