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via Cointelegraph · By Cointelegraph Staff
Bitcoin Funding Flips Positive, Is $85K Next?
BTC
BTC/USDT
$64,151.99
-1.02%
$64,151.99
-1.02%
(24s)24h Volume
$12,985,626,857.11
24h H/L
$64,997.52 / $63,838.28
Change: $1,159.24 (1.82%)
Long/Short
61.0%
Long: 61.0%Short: 39.0%
Funding Rate
+0.0034%
Longs pay
Data provided by COINOTAG DATALive data
CS
Cointelegraph Staff(02:42 AM UTC)
1 min read
804 views
0 commentsKey takeaways:
- Bitcoin derivatives show limited conviction among pro traders, but ETF flows and Strategy could play a role in the next higher rally.
- Reduced odds of a peace plan between the US and Iran, and high oil prices, could impede Bitcoin’s price discovery.
Bitcoin (BTC) flirted with the $82,000 level on Monday, sparking a brief surge in demand for bullish leverage. Bitcoin has held near…
COINOTAG does not provide financial advisory services. This content is for informational purposes only and should not be considered investment advice. Cryptocurrency investments involve high risk.
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