How long will Bitcoin’s price consolidation last?

How long will Bitcoin’s price consolidation last?

How long will Bitcoin’s price consolidation last?

Bitcoin’s consolidation could soon end as the divergence between rising open interest and negative funding rates signals a potential short squeeze.

Key takeaways:

Bitcoin trades within a narrowing range between $91,000 and $94,500 over the last three days.

A rare divergence between rising open interest and negative funding rates could set up a short squeeze.

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