Positive funding rate indicates buyer demand: Recent Bitcoin funding rate analysis reveals a positive rate of 0.0084% on Binance. This suggests that buyers dominate, signaling potential for Bitcoin’s price to ascend without overheating, as buyers are paying sellers to hold positions.
Bitcoin’s price forecast remains optimistic: After reaching a record HIGH of 108,239 USD on December 17, Bitcoin trades around 104,050 USD. Analysts expect any price corrections in 2025 to be mild, with potential highs reaching 200,000 USD due to strong institutional demand.
Long-term bullish trend for Bitcoin: According to crypto trader Rekt Capital, Bitcoin is still in the early phase of a 300-day parabolic cycle, currently on day 41. This suggests ongoing upward momentum, with the market positioning itself for significant growth ahead.