The price of BTC fell sharply again by around 8% in 24 hours after breaking below the 50-day moving average and retesting to confirm support turned resistance. do you think this will continue further?
Currently, funding rates are turning negative again as the price declines from the $24,000 resistance. It is important to note that the futures market expects Bitcoin to fall below this level and possibly make new lows. The resulting selling pressure can lead to higher prices, but markets tend to reverse when funding rates are extremely high or low.
don't get dissapoint by that because no one know when will it go up. but when it began to go high it will break all the record of it's past.those who have the faith on it now they will be the real benefiter of tat time.