Onchain data and funding rates indicate bitcoin’s worst correction phase could be over

May 21, 2026 - 10:00
Onchain data and funding rates indicate bitcoin’s worst correction phase could be over
The biggest question facing bitcoin BTC$77,545.45 investors is whether the market bottom was set in early February, when the largest cryptocurrency briefly fell toward $60,000. While no indicator can assess that with certainty, a number of onchain and derivatives metrics suggest the worst of the current correction may be in the past, especially as bitcoin...

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