Bitcoin Finishes the Week in Optimistic Territory Once more

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An indicator that we broached earlier this week which bears reexamination is the present stage of BTC funding charges. As a reminder, funding charges characterize funds to merchants which are lengthy or brief BTC. They will replicate dealer sentiment inside futures markets. When funding charges are optimistic, buyers usually view this as bullish in nature. Conversely, when funding charges are unfavorable, buyers view this as bearish. Because it stands, BTC funding charges have been optimistic daily in July, besides July 1, July 10 and July 15.

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