A correction will come because although in the long term the price is set by adoption, in the short term, it is set by traders who take profits.
The top may be found here around $9000, at $9400 or much higher at $12000. The correction from that high will likely be around %30 to %40 and take two to four weeks to get there.
During and after the reversal, the Bitmex premium and funding levels will return to the mean and beyond.
The top may be found here around $9000, at $9400 or much higher at $12000. The correction from that high will likely be around %30 to %40 and take two to four weeks to get there.
During and after the reversal, the Bitmex premium and funding levels will return to the mean and beyond.
