Bitcoin could go much higher due to lack of FOMO and futures market euphoria — Analysts

Low funding rates and the absence of overly euphoric investor sentiment accompanied Bitcoin’s rally to new all-time highs, suggesting that much higher prices are in store.

Key takeaways:

Bitcoin’s rally to new price highs happened as funding rates and trading sentiment remained unusually subdued.

Rising stablecoin supply and global M2 growth indicate untapped liquidity and the potential for further price increases.

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