It’s “Thin Air” For Bitcoin If Price Crosses $14,000 on a Macro Basis
Related Reading: Here’s Why Ethereum’s DeFi Market May Be Near A Bottom Bitcoin Expected to Enter "Thin Air" if Price Crosses $14,000 Bitcoin is expected to enter "thin air" if the coin can cross $14,000 on a weekly or monthly basis, analysts say. Related Reading: Tyler Winklevoss: A “Tsunami” of Capital Is Coming For Bitcoin Funding Rates Go Negative, Increasing Chances of Short Squeeze The chances are increasing that Bitcoin spikes from here.
Crypto-asset derivatives tracking site ByBt reports that the predicted funding rates of leading Bitcoin futures markets are currently entering negative territory. Related Reading: 3 Bitcoin On-Chain Trends Show a Macro Bull Market Is Brewing Featured Image from Shutterstock Price tags: xbtusd, btcusd, btcusdt Charts from TradingView.com Title.
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