Bitcoinist
2020-07-14 10:00:37

The Same Trader Who Predicted Bitcoin’s $3k Bottom Is Now Bearish

Most investors have no idea which way Bitcoin will trend. Take the funding rate of BTC futures markets, which are flip-flopping between slightly positive and slightly negative as the consolidation drags on. The chart seen below shows this trend. A trader that predicted Bitcoin would bottom at $3,200 months before it did in 2018, though, recently shared bearish sentiment. He shared an analysis predicting that BTC is likely prone to fall to the low-$8,000s for […]

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