Bitcoin Supply Squeeze And Short Squeeze


Cycling On-Chain #3: Lemonade

Dilution-proof, August 1, 2021

Cycling On-Chain is a monthly column that uses on-chain and price-related data to better understand recent market movements and estimate where we are in bitcoin’s larger market cycle. After providing a broader look back and forward in the first edition, and discussing how Bitcoin has entered the geopolitical stage in the second edition, we’ll now take a look at the current, ongoing supply squeeze that recently led to a short squeeze in the bitcoin market that drove prices up steeply.





Source link

You May Also Like

Leave a Reply

Your email address will not be published. Required fields are marked *