Tag: bitcoin short squeeze

Jul 02 2022

Bitcoin Funding Rate Turns Deep Red, Short Squeeze Soon?

On-chain data shows Bitcoin funding rates have sunk into deep negative values, something that could pave way for a short squeeze in the market. Bitcoin All Exchanges Funding Rate Has A Red Value Right Now As pointed out by an analyst in a CryptoQuant post, BTC may see a slight uplift in the short term because of the current funding rates. The...

Jun 02 2022

Surge In Bitcoin Open Interest Suggests A Short Squeeze Was Behind Late May Rally

The opening of the trading week had seen bitcoin surge again and had touched as high as $32,000, albeit briefly. This recovery had taken the market by surprise given that indicators were pointing toward more bearish trends. Nevertheless, the recovery was a welcome sight as it put bitcoin on a track to end its red streak. The reason behind this rally remains shrouded...

Mar 28 2022

Bitcoin (BTC) Short Squeeze; Latest Rally Wipes $140 Million Shorts

Bitcoin's latest rally, where the token came close to 2022 highs, blindsided a majority of traders hoping for a drop. Data on Monday showed that nearly $140 million worth of BTC short positions were liquidated in the last 12...

Feb 25 2022

Bitcoin (BTC) Plays Game Stop Alike Rally, $172 Short Liquidations In Last 24 hours.

Bitcoin's meteoric rally liquidated about $172 million in short positions in the last 24 hours, data from coinglass.com...

Dec 21 2021

Bitcoin Short Squeeze Is Building Up, BTC Inches Back Above $48,500

The world's largest cryptocurrency Bitcoin has been showing volatile price swings in recent times. After falling under $46,000 on Monday, December 20, the BTC price has bounced back moving past...

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