# Bitcoin funding rates show demand to short BTC as K becomes resistance

# Bitcoin funding rates show demand to short BTC as $40K becomes resistance

” Bitcoin funding rates show demand to short BTC as $40K becomes resistance “ Bitcoin (BTC) consolidated under $40,000 on April 23 as market expectations favored further losses. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView “Extreme fear” accompanies Bitcoin’s descent to $39,200 Data from Cointelegraph Markets Pro and TradingView followed a bearish BTC/USD after the pair…

Read More
# Bitcoin retests K after stocks sell-off meets Fed balance sheet bust

# Bitcoin retests $40K after stocks sell-off meets Fed balance sheet bust

” Bitcoin retests $40K after stocks sell-off meets Fed balance sheet bust “ Bitcoin (BTC) headed toward $40,000 on April 22 after a major retracement in equities speared bulls’ latest advance. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Bitcoin sheds $3,000 on U.S. stocks plunge Data from Cointelegraph Markets Pro and TradingView showed BTC/USD being kept…

Read More