A leading analytics firm says that the Bitcoin (BTC) futures market is flashing a reading that has previously marked market bottoms. IntoTheBlock reveals that Bitcoin is witnessing steep backwardation, a condition where BTC futures contracts are priced significantly lower than the value of the king crypto in spot markets. According to the analytics firm, backwardation […]

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The post Bitcoin Futures Market Now Flashing Historically Bullish Signal, According to Crypto Analytics Firm IntoTheBlock appeared first on The Daily Hodl.
Bitcoin (COIN:BTCUSD)
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Bitcoin (COIN:BTCUSD)
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