Category: funding rate

What Bitcoin correction? BTC price holds $55K despite several bearish indicators

What Bitcoin correction? BTC price holds $55K despite several bearish indicators

Experienced analysts and media outlets including Cointelegraph recently highlighted some indicators suggesting that the Bitcoin (BTC) price rally could be overextended. Those bearish views include one from Bollinger bands creator John Bollinger, suggesting traders use a trailing stop, as signs of a “top” were building up. However, it is worth noting that Bollinger Bands and the […]

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Did Bitcoin price just see a ‘retail FOMO peak signal’? This indicator says yes

Did Bitcoin price just see a ‘retail FOMO peak signal’? This indicator says yes

The Bitcoin (BTC) futures funding rate on Binance Futures overtook Deribit on Dec.18, according to data from CryptoQuant. Historically, when this happened, the dominant cryptocurrency saw a local top or consolidation. The funding rate of major cryptocurrencies, including Bitcoin and Ether (ETH), rose considerably in the past 48 hours. This typically indicates that the futures […]

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