Backwardation in Bitcoin futures contracts shows pro investors lack confidence

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Backwardation in Bitcoin futures contracts shows pro investors lack confidence


BTC traders are still searching for a bottom, but derivatives metrics show sentiment is negative and even the rally to $40,000 had little impact.

Posted by Cointelegraph By Marcel Pechman on July 6, 2021 @ https://cointelegraph.com/news/backwardation-in-bitcoin-futures-contracts-shows-pro-investors-lack-confidence

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