The cryptocurrency market remains neutral, led by Bitcoin’s (BTC) apparent consolidation phase. In the meantime, two cryptocurrencies present a relevant potential for a short squeeze as the week develops.
The recent week’s geopolitical tensions have caused market turmoil, dropping the prices and the overall sentiment regarding cryptocurrencies. In a suddenly bearish landscape, crypto traders started to open leveraged short positions, which might backfire.
Interestingly, whenever traders open a short position, they leave liquidity behind in the form of collateral assets that the crypto exchange can liquidate if the underlying asset’s price rises to an agreed-upon target. The sequential liquidation of multiple short positions drives the price upwards, and traders know it as a short squeeze.
In particular, Litecoin (LTC) and Bitcoin Cash (BCH) have meaningful liquidity pools at higher prices. Bitcoin record fees above $100 could trigger a surge for these alternative coi
We współpracy z: https://finbold.com/short-squeeze-alert-two-cryptocurrencies-with-huge-potential-next-week/
