One of the reasons why Bitcoin is currently exploding is due to short sellers being forced to close out their short positions in the market. For those of you who don’t know what a short squeeze is, a short squeeze is when a commodity or a stock, surges higher which forces short sellers out.
As we all know, the market is delicate so don’t get overconfident, many experts and investors are bullish on Bitcoin . Despite this they still believe that this is the start of something special.
Share your opinions about what you think about Bitcoin.
Thanks.
