Bitcoin Price Surge On Short Squeeze

Bitcoin Price Surge On Short Squeeze

 

The below is a recent edition of the Deep Dive, Bitcoin Magazine‘s premium markets newsletter. To be among the first to receive these insights and other on-chain bitcoin market analysis straight to your inbox, subscribe now.

The short squeeze finally arrived.

Late Sunday evening, the bitcoin price started to run and absolutely exploded higher, touching $40,000 on certain exchanges and hitting an unbelievable $48,000 on the Binance Perpetual Swap BTC/USDT contract. 



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