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Red Funding Rates Preceded 80% Bitcoin Surge — Is BTC Set to Pump Again?

  • Bitcoin futures funding rates turned negative, suggesting a potential price rebound is imminent.
  • Historical data shows that previous instances of negative funding rates preceded significant price booms for Bitcoin.
  • The BTC/USDT pair shows a concentration of predicted liquidations at $111,320, potentially leading to a short squeeze and driving prices higher.
  • Bitcoin is currently trading at $110,306, showing a 2.3% increase in the last 24 hours, with momentum building towards its All-Time High.

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