⚡$BTC consolidates at $70,861 — Negative funding for 14 consecutive days: the same signal that marked the bottom in 2022
Bitcoin is trading today at $70,861, correcting -1% after hitting $73,931 this week. The correction scares retail investors. But there is a technical data published TODAY that professional traders cannot ignore.
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💣 BOMBA DATA:
The average funding rate for 30 days has been negative for 14 consecutive days — the longest streak since December 2022. K33 Research confirmed TODAY that in the last 7 years, every time this signal occurred, it coincided with a local price bottom. Not once. Every time.
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🔍 TODAY:
📊 $BTC at $70,861 — consolidates after hitting $73,931 this week. Healthy correction within a bullish structure.
📈 +4% weekly — first week of March in green. If it closes this way, it breaks a streak of 5 months of declines.
📊 Open interest in futures rose +9% in 24 hours to 700,000 BTC — the highest level since February 6. A signal of market reactivation.
⚡ $BTC mined TODAY the 20,000,000th coin — only 1 million left until the maximum of 21M. The scarcest asset in history just reached a milestone that will never be repeated.
🛢️ BTC +8% so far in March while gold fell -2% in the same period. The decoupling continues.
🎯 KEY Levels:
🔴 Support: $70,100 — $68,700
🟡 Resistance: $72,000 — $73,931 (the ceiling of this week that needs to be overcome)
🟢 If it closes above $73,931: $75,000 → $78,000 → $80,789
⚠️ If it loses $70,100: $69,000 → $68,700
🎯 SETUP TO WATCH:
BTC in consolidation between $70,100 and $72,800. A daily close above $72,800 with volume → next target $73,931 and then $75,000. The Fed meeting on Wednesday 18 is the catalyst that could resolve everything.
💡 Changelly: $80,789 maximum in March. Standard Chartered: $150,000 by the end of 2026.
Will BTC close March above $75,000 — YES or NO? 👇
⚠️ This is not financial advice. DYOR.
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