VanEck Flags Dual Bullish Signals for Bitcoin as Funding Turns Negative, Hash Rate Slips
Bitcoin Magazine
VanEck identifies negative funding rates and declining hash rates as contrarian indicators signaling potential bullish performance for Bitcoin.Summary
VanEck's latest analysis suggests that Bitcoin is positioned for potential growth, driven by two key signals: negative funding rates and a declining hash rate. Historically, negative funding rates have preceded significant positive returns, acting as a contrarian buy signal. Additionally, periods of declining hash rates—which indicate mining stress—have consistently correlated with strong subsequent price gains. While current market sentiment remains cautious, VanEck maintains that these conditions create a reinforced bullish backdrop for the asset.
(Source：Bitcoin Magazine)