@Cointelegraph: #Bitcoin rebounded over 4% to reclaim $58,000 following a volatile session that shook both bulls and bears. Despite the recovery, traders remain cautious as negative funding rates and a looming triple death cross hint at potential downside below $50K.

#Bitcoin rebounded over 4% to reclaim $58,000 following a volatile session that shook both bulls and bears. Despite the recovery, traders remain cautious as negative funding rates and a looming triple death cross hint at potential downside below $50K. pic.twitter.com/JeUy1uqYgG

— Cointelegraph (@Cointelegraph) August 16, 2024