Chapter
Shorts Squeezing the Stock Market
05:40 - 08:28 (02:47)
When shorts begin to worry, the price of a stock runs up and they try to close out their positions which puts buying pressure on it. This results in the shorts being forced to cover their positions, and causing the stock price to rise rapidly.
Clips
Short positions worth about a billion dollars were liquidated in Bitcoin market, causing a surge in its price.
05:40 - 07:05 (01:24)
Bitcoin
Summary
Short positions worth about a billion dollars were liquidated in Bitcoin market, causing a surge in its price.
ChapterShorts Squeezing the Stock Market
Episode#204 - Behind-the-Scenes of Shaan's Power Writing Course
PodcastMy First Million
The recent increase in Bitcoin price is due to short sellers closing out their positions and creating buying pressure, causing a "short squeeze" and forcing even more shorts to cover.
07:05 - 08:28 (01:22)
Bitcoin
Summary
The recent increase in Bitcoin price is due to short sellers closing out their positions and creating buying pressure, causing a "short squeeze" and forcing even more shorts to cover.