Does this metric hold the key to trading Bitcoin profitably?

By AMB Crypto - 3 years ago - Reading Time: 1 minutes

Does this metric hold the key to trading Bitcoin profitably?

Bitcoin shorts have increased in volume. Besides, shorts require additional leverage with Bitcoin’s price at the $30000 level based on price data from coinmarketcap.com. Thus the funding rate is negative yet again. Does this signal that it is a good time to buy, and Bitcoin is expected to consolidate as the funding rate becomes further negative? […]

Original source: AMB Crypto