No Long Squeeze This Bitcoin Cycle, What Does it Mean?

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10 months ago bitnews

Ki Young Ju, the founder and CEO of blockchain analytics platform CryptoQuant, observed that while the last Bitcoin (BTC) cycle saw several long squeezes; the current one has not. A long squeeze occurs when the price of an asset declines, forcing long position holders to liquidate their assets to prevent further losses, accelerating the price The post No Long Squeeze This Bitcoin Cycle, What Does it Mean? appeared first on Coin Edition .