Analysis: Rally on the Cards as Bitcoin Derivatives Flash Extreme Pessimism

Analysis: Rally on the Cards as Bitcoin Derivatives Flash Extreme Pessimism

Dark Mode Toggle Ball Crypto News Today Market Updates Margin Trading Guides Videos Price Analysis BTC Analysis ETH Analysis XRP Analysis Bitcoin For Beginners Interviews Editorials DeFi & NFT Buy Crypto Language Bulgarian Turkish Spanish © Copyright CryptoPotato Home » Crypto News Bitcoin’s derivatives market has reached what Real Vision’s Jamie Coutts is calling a state of “excessive pessimism” after his Derivative Risk Score hit 1. Furthermore, the analyst said BTC’s 7-day moving average funding rate has fallen to the third percentile of all readings made since 2020. But according to him, in the past, similar sustained negative funding ultimately gave way to huge upsides, with median 90-day gains of more than 43%. In a post on X on April 13, Coutts looked at 14 times since 2016 when the main cryptocurrency had negative funding for at least 20 days, and the data revealed that after the

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