Bears getting a little too confident? 😂
$BTC is holding around $84K-$85K, but funding just dropped to its most negative level since May
Shorts are paying longs right now, so if BTC moves higher, those short positions could get squeezed pretty fast.l
Still watching the price tho
#BTC #Bitcoin #Crypto
Bitcoin is being MASSIVELY shorted right now.
Funding rates just dropped to their most negative level since May.