Futures Traders Aren’t as Bullish This Time Around as Bitcoin Price Revisits $12,000, Data Indicates
Oct 21, 2020
Futures funding stayed flat or turned negative despite bitcoin's rally to $12,000.
The recent upward trend began in September 2019.
Volatility has stayed relatively low through bitcoin’s slow march toward record highs.
August 2019 was the last time this many bitcoin addresses were in profit.