Funding rates on Binance continue to show us that Bitcoin leverage traders are still fearful of price action. Local bottoms tend to occur in conditions like this but the medium-term trend for Bitcoin still remains bearish. The long-term trend for Bitcoin is wildly bullish.

From Twitter
Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
Like
Add to Favorites
Comments