Bitcoin Funding Rate Turns Negative as Shorts Pile In at $75K: BTC Short Squeeze Brewing?

The post Bitcoin Funding Rate Turns Negative as Shorts Pile In at $75K: BTC Short Squeeze Brewing? appeared first on Coinpedia Fintech News Bitcoin hit a 24-hour high of $75,886 before pulling back to $74,025, rejected at the $75,000 level again, and the conditions surrounding this attempt look nothing like before. Analyst Michaël van de Poppe flagged the setup in a thread published today. Yes, a shooting star candle formed on the daily timeframe after the latest rejection. …