The bitcoin price is flashing a signal never seen before in its history. Volatility has compressed to levels that in the past have always preceded major moves, and the data suggests the next trending breakout is approaching fast. The only question is which direction it will take.

Bitcoin Price and Futures Market Signals

Data from futures markets shows that funding rates have recently turned negative. This means that the majority of traders were betting against Bitcoin, shorting the market even as price bounced from one hundred and eight thousand to above one hundred and fifteen thousand. Historically, these periods of negative funding have ended with short squeezes, where…

Read more on BitcoinMagazine