2 key derivatives metrics signal that Bitcoin traders expect BTC to hold $40K
The entire crypto market is green today, and derivatives metrics suggest that BTC’s bullish reversal will flip $40,000 back to support. Go to Source Powered by WPeMatico
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2 key indicators cast doubt on the strength of the current crypto market recovery
BTC and altcoins flashed bullish this week, but the perpetual contracts funding rate and Tether premium reflect a lack of confidence from traders. Go to Source Powered by WPeMatico
2 key Bitcoin price metrics suggest BTC is primed to reclaim $40,000
Data suggests $34,000 was the bottom and BTC’s recent performance could be a sign that traders are beginning to open fresh longs. Go to Source Powered by WPeMatico
