Wednesday, April 24, 2024
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BTC price pullback after $35K? Bitcoin funding rates turn ‘grossly positive’

Bitcoin (BTC) consolidated near $34,000 after the Oct. 24 Wall Street open as the dust settled on 15% daily gains.BTC/USD 1-hour chart. Source: TradingViewOpinions diverge on Bitcoin funding ratesData from Cointelegraph Markets Pro and TradingView tracked BTC price volatility through the day, with $34,000 a focus at the time of

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Will $28K Bitcoin price hold? Two indicators remain solid despite 5% pullback

Bitcoin (BTC) saw considerable volatility between April 25 and May 1, ranging between $27,200 and $30,000. From a trading perspective, the 10.5% move sounds alarming, resulting in $340 million in leveraged BTC futures contract liquidations. However, from a broader angle, Bitcoin price is up 72% year-to-date in 2023, while the

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