Bitcoin breakout odds rise as negative funding streak mirrors past bottoming regimes, K33 says

By James Hunt

Bitcoin breakout odds rise as negative funding streak mirrors past bottoming regimes, K33 says

K33 analysts report that Bitcoin's 30-day average funding rate has been negative for 46 consecutive days, matching the duration at the 2022 bear market bottom. This streak mirrors past bottoming regimes, raising the odds of a Bitcoin breakout.

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