Massive Short Squeeze for Bitcoin in Sight? Top Quant Analyst Looks at the State of BTC

The CEO of analytics platform CryptoQuant is revealing how a major event could impact the trend of Bitcoin (BTC). Ki Young Ju tells his 303,000 Twitter followers that he is waiting for a “big short squeeze,” similar to the one that occurred in the latter part of 2020 before Bitcoin ignited its bull cycle. A short squeeze happens when traders who borrow units of an asset at a certain price in hopes of selling lower to pocket the difference (short) are forced to buy back as the trade moves against their bias. “Waiting for a big short squeeze. In late

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Author: NixCoin