fillippone on Nostr: Bitcoin is exhibiting negative funding rate (more sellers than buyers) AND ...
Bitcoin is exhibiting negative funding rate (more sellers than buyers) AND backwardation (future price lower than spot). Selling pressure is increasing, with price action stabilising. Brace yourself.
[img]
https://i.imgur.com/abG0u2u.jpg[/img]Published at
2023-03-12 17:13:49Event JSON
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"content": "Bitcoin is exhibiting negative funding rate (more sellers than buyers) AND backwardation (future price lower than spot). Selling pressure is increasing, with price action stabilising. Brace yourself. \n\n[img]https://i.imgur.com/abG0u2u.jpg[/img]",
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