*Funding is negative 🔻*

Bitcoin funding is currently in negative territory, indicating that traders are primarily in short positions right now.

This is one of the key reasons why the price is being pushed higher and higher so aggressively.

🟠 *_Given that this indicator is still at a very low level, it could easily deliver the price to the $78k range in the near future._*

⚠️ Not financial advice. Educational content only. DYOR