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Analyst Foresees Decline in Bitcoin Sellers Bitcoinhaber 04 Sep 2024

Analyst Foresees Decline in Bitcoin Sellers 📉

Vetle Lunde, an analyst at K33 Research, has observed a critical trend in the Bitcoin market. For more than a month, Bitcoin's perpetual futures funding rates have consistently stayed below neutral.

This long-term bearish sentiment reflects a potential decline in Bitcoin sellers, indicating a shift in market dynamics. Investors and stakeholders are closely monitoring this evolution, as it can significantly impact future Bitcoin trades and strategies.

Source: en.bitcoinhaber.net ↗