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.
Great
Congratulations @akash1singh! You received a personal award!
You can view your badges on your Steem Board and compare to others on the Steem Ranking
Vote for @Steemitboard as a witness to get one more award and increased upvotes!