Bitcoin funding rates show demand to short BTC as $40K becomes resistance

2022.04.24 05:01

Bitcoin funding rates show demand to short BTC as $40K becomes resistance

Bitcoin (BTC) consolidated under $40,000 on April 23 as market expectations favored further losses.

Data from Cointelegraph Markets Pro and TradingView followed a bearish BTC/USD after the pair touched $39,200 on Friday’s Wall Street open.

DXY resistance sought for BTC trend break

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