BTC Price Rallied 80% Last Time This Happened
Key takeaways: Bitcoin’s funding rate briefly turned negative in late June, historically a signal for upcoming rallies. A large concentration of short liquidations near $111,320 could fuel a short squeeze. BTC has broken out of a bull flag, targeting $117,500, new research suggests. Bitcoin (BTC) future’s perpetual funding rate dipped into negative territory in late…
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