Bitcoin's market shows no signs of overheating, according to recent analyses. CryptoQuant's Avocado onchain notes that the 30-day EMA of Bitcoin's funding rate suggests the market isn't frothy, indicating potential for continued growth. Pseudonymous trader Rekt Capital believes Bitcoin is just starting its parabolic phase, which could last 300 days. Current funding rates on Binance are at 0.0084%, far from overheating. Bitcoin recently hit a new all-time high of $108,239, with analysts predicting further price increases driven by rising trading volumes and institutional demand.
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