Analyst Claims Bitcoin Futures Appear Bearish Due to Institutional Hedging, Not Lack of Confidence
The price of bitcoin has seen a significant increase of around 14% this month, marking its best performance in a year, with predictions suggesting it may soon exceed $80,000, a level not seen since January. However, the perpetual futures market, which typically mirrors spot price movements, is currently behaving in a manner that suggests the opposite. Specifically, the funding rate, which is posi…
April 27, 2026, 2:37 p.m.