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2025-01-09 23:10:19
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bitcoinist.com on Nostr: bitcoinist.com ✍️ Recent declines in Bitcoin's price have led to a shift in ...



✍️ Recent declines in Bitcoin's price have led to a shift in market sentiment, with key on-chain metrics indicating a potential extended drop in price.
👉 Bitcoin's funding rates have decreased drastically in the past few days
👉 Waning confidence in the asset is indicated by the decline in funding rates
👉 Unrealized profit margin on-chain has fallen significantly
👉 Traders' realized price is at $88,000, compared to a price of $93,000

#ShayanBTC #JulioMoreno #technology


Recent declines in Bitcoin’s price have been followed by negative sentiment across several on-chain metrics that are crucial in determining its next trajectory. With key metrics witnessing a decrease, there are speculations that the flagship asset might see an extended drop in its price. Market Sentiment Shifting As Bitcoin Funding Rates Drops As the market […]
https://bitcoinist.com/bitcoins-funding-rates-see-sharp-decline/

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