Bitcoin: What Funding Rates say about a possible BTC price bottom – BitRss

Bitcoin’s [BTC ($98,217.47)] Funding Rate is nearing a critical threshold. While the Aggregate Funding Rate remains positive, there’s a growing trend of negative Funding Rates across major exchanges.

This has raised questions about what this might mean for Bitcoin’s short-term price action.

Historically, negative Funding Rates have often been associated with market bottoms, suggesting that the current shift could signal a potential local bottom for BTC.

Negative Funding Rates: A signal for market bottoms?

Bitcoin’s Aggregated Funding Rate remains positive, but data reveals a crucial shift. Pockets of negative Funding Rates are appearing across major exchanges.

Historically, such occurrences have coincided with local bottoms. This …