Historical Bitcoin Short Squeeze Fueled Bull Run in 2020

11/18/2024 4:44:53 PM

According to Ki Young Ju, many traders were shorting Bitcoin during its price discovery phase in late 2020. This strategy inadvertently contributed to a bull run as the market experienced short squeezes, where short sellers were forced to buy back Bitcoin at higher prices, driving the price up further. (Source)

Bitcoin Ki Young Ju bull run short squeeze

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