Bitcoin’s 20% Short-Squeeze Surge Could Already Be Over
Source ↗
👁 0
💬 0
The post Bitcoin’s 20% Short-Squeeze Surge Could Already Be Over appeared first on 24/7 Wall St..
Bitcoin (CRYPTO:BTC) has gone from a market dominated by hesitation to one dominated by forced buying in less than 48 hours. After spending roughly six weeks trapped in a narrow trading range, Bitcoin jumped from about $64,500 on Wednesday to around $77,050 today — a gain of roughly 20%.
The move was not driven by one giant wave of new investors. It began with a macroeconomic catalyst a
Bitcoin (CRYPTO:BTC) has gone from a market dominated by hesitation to one dominated by forced buying in less than 48 hours. After spending roughly six weeks trapped in a narrow trading range, Bitcoin jumped from about $64,500 on Wednesday to around $77,050 today — a gain of roughly 20%.
The move was not driven by one giant wave of new investors. It began with a macroeconomic catalyst a
Comments (0)