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Is $68,500 Bitcoin Recovery A Dead-Cat Bounce? What Data Suggests

Is $68,500 Bitcoin Recovery A Dead-Cat Bounce? What Data Suggests


Bitcoinist
2024-05-21 01:00:28

Here’s what futures market data could suggest about whether this latest Bitcoin recovery will be a dead-cat bounce or not. Bitcoin Futures Market Shows No Signs Of Overheating So Far As explained by an analyst in a CryptoQuant Quicktake post, the BTC funding rate has stabilized around a relatively low value recently. The “funding rate”


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