Description
⋅ Hello All,
THIS IS A MAJOR FIND ON BITCOIN!
BITMEX FUNDING INDICATOR
NEGATIVE funding- Always bullish !
POSITIVE funding - Always bearish!
FYI- A negative funding rate means that shorts pay longs, and a positive funding rate means longs pay shorts...
It has been a very slow last two months. This may be close to an end!
BE PREPARED!!!
Thank You!
I also notice the dollar index is showing bearish divergence. Bitcoin / equities nearly always move up in a bearish dollar environment.