🪩Is Another Bitcoin Price Bubble on the Horizon?

🪩Is Another Bitcoin Price Bubble on the Horizon?

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Bitcoin Bubble

Yello, ParadiseClub Members! 😎 Are you curious about what’s brewing in the Bitcoin market? Let’s dive into some crucial market indicators:

💎For the past 413 days—yes, over a year—the average Funding Rate (that’s a fee paid by one side of perpetual futures traders to the other) has stayed positive, sitting pretty at 0.006 right now, with a peak at 0.03 earlier this year. A positive funding rate generally indicates that more traders are betting on prices going up rather than down. So, what happens next?

💎Here’s the expert take from our ParadiseTeam Professional Traders: This market cycle has been a bit unusual. We’ve seen just one major price bubble when Bitcoin hit $72K. Typically, past bull markets had 2-3 such bubbles. What does that mean? Positive funding rates coupled with these historical patterns indicate that one more Bitcoin bubble might be on the way. So, stay vigilant.

Stay sharp, focused, patient, and disciplined Paradisers🥂

Want More and Actionable Exclusive Insights? 👉 GO PRIVATE🥂

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