The post Bitcoin Funding Rates Turn Negative: Is a Bullish Rally Ahead? appeared first on Coinpedia Fintech News
Renowned crypto analyst Crypto Rover suggested that Bitcoin might be on the verge of a major bullish rally. According to Rover, historical trends show that Bitcoin prices tend to surge after funding rates turn negative. As of now, Bitcoin funding rates have dipped into negative territory, a signal that has often preceded significant price increases in the past. This change might indicate that Bitcoin is poised to start a new upward trend.