Bitcoin’s funding rate and potential resistance levels are posing a threat to its price rebound. Despite initial efforts to recover, BTC has experienced a downward trend for three consecutive days. While bulls are relying on spot ETF inflows and the upcoming halving to protect high lines in the market, bearish traders argue that macroeconomic and industry factors may prevent the anticipated rally in price.
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Bitcoin’s Funding Rate and Resistance Threatens Price Rebound
By
Sophie Berger — Staff Reporter
About the author · Staff Reporter
Sophie Berger
Sophie Berger covers EU regulation and policy from Brussels. With a Master's in European Affairs from Sciences Po and five years at Politico Europe, she tracks MiCA implementation, ECB digital-euro work and ESMA enforcement. Sophie is fluent in French, German and English, and has interviewed three EU commissioners on record. Her policy briefs are read across the BTCNews newsroom every morning.