The live Bitcoin price today is $22,949.92 USD.Bitcoin is up 0.18% in the last 24 hours.The next major resistance sits near the $25,000 level.Bitcoin price gained pace and spiked above the $24,000 resistance zone. On the upside, bitcoin price could face resistance near the $23,440 level. A close above the $23,880,resistance zone could set the pace for more gains.
The recovery of bitcoin funding rates to a neutral level is a testament to the returning positive sentiment among traders and investors. It definitely does not signal that the market has returned to its previously bullish phase, but it is an indication that investors are now looking favorably at the bitcoin and crypto market at large.
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