CoinGape
2024-04-15 23:28:57

Bitcoin’s Funding Rate and Resistance Threatens Price Rebound

Bitcoin (BTC) faces possible resistance as its price fall entered its third day despite initial recovery efforts. Bulls continue to protect high lines for the market leaning on spot ETF inflows and the upcoming halving. However bearish traders say the price will not rally as anticipated based on macro and industry factors. A new analysis The post Bitcoin’s Funding Rate and Resistance Threatens Price Rebound appeared first on CoinGape .

Get Crypto Newsletter
Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.