What is a short squeeze, and why Bitcoin is over $23,000? - Episode 343 - by cryptohunt.it
Crypto in Plain English - by cryptohunt.it23 Jan 2023

What is a short squeeze, and why Bitcoin is over $23,000? - Episode 343 - by cryptohunt.it

What is a short squeeze, and why Bitcoin is over $23,000?

Welcome to the Cryptohunt Jam, where we spend a minute a day explaining what is happening in crypto and other game-changing ideas. As always: In plain English.

The markets have been good to Bitcoin recently. Despite multiple bad news, such as the bankruptcy filing of crypto lender Genesis, it has shot up past $23,000.

Markets bad, crypto up? Sounds illogical? A so-called "short squeeze" may be responsible.

But how does this work? Let's look at an example. Say you think the housing market is about to collapse. You decide to sell your house, rent for a few weeks, and then buy back in when prices are down.

Turns out though, you were wrong. Prices don't collapse, and instead – for a day or so – they look like they are going up. You panic, fearing to miss out, and buy back in, pushing the neighborhoods prices up with you.

That's what likely happened to Bitcoin according to market observers. Investors bet against the Bitcoin price in what is called a short sale, and when prices didn't drop, they panicked and tried to buy the Bitcoin they owed. This pushed prices up despite everyone betting against them.

And now you know what a short squeeze is. This actually happens all the time in crypto - because it is still so small in comparison, that even smaller bets against it can make the market move.

And if you like to learn bite sized content like this: Why don’t you share this podcast with a friend. I bet they appreciate a good recommendation from you. Thanks for getting the word out for us! I see you back here tomorrow.

This podcast is produced by Cryptohunt.it, the easiest place to learn all about Web3.

Episoder(373)

Cryptohunt it dead - Episode 373 - by cryptohunt.it

Cryptohunt it dead - Episode 373 - by cryptohunt.it

Cryptohunt it dead Welcome to the Cryptohunt Jam, where you learn – in just a minute or two a day – what is happening in crypto and other game-changing ideas. As always: In plain English. Cryptohunt i...

6 Mar 20232min

How ERC-4337 will put an end to forgotten crypto keys - Episode 372- by cryptohunt.it

How ERC-4337 will put an end to forgotten crypto keys - Episode 372- by cryptohunt.it

How ERC-4337 will put an end to forgotten crypto keys Welcome to the Cryptohunt Jam, where you learn – in just a minute or two a day – what is happening in crypto and other game-changing ideas. As alw...

3 Mar 20232min

What is Eth Denver, and why are all the crypto enthusiasts going there? - Episode 371 - by cryptohunt.it

What is Eth Denver, and why are all the crypto enthusiasts going there? - Episode 371 - by cryptohunt.it

What is Eth Denver, and why are all the crypto enthusiasts going there? Welcome to the Cryptohunt Jam, where you learn – in just a minute or two a day – what is happening in crypto and other game-chan...

2 Mar 20232min

What’s up with all these .xyz domains? - Episode 370 - by cryptohunt.it

What’s up with all these .xyz domains? - Episode 370 - by cryptohunt.it

What’s up with all these .xyz domains? Welcome to the Cryptohunt Jam, where you learn – in just a minute or two a day – what is happening in crypto and other game-changing ideas. As always: In plain E...

1 Mar 20232min

What are Bitcoin Ordinals? - Episode 369 - by cryptohunt.it

What are Bitcoin Ordinals? - Episode 369 - by cryptohunt.it

What are Bitcoin Ordinals? Welcome to the Cryptohunt Jam, where you learn – in just a minute or two a day – what is happening in crypto and other game-changing ideas. As always: In plain English. It’s...

1 Mar 20232min

Why did Coinbase invent BASE, its own blockchain? - Episode 368 - by cryptohunt.it

Why did Coinbase invent BASE, its own blockchain? - Episode 368 - by cryptohunt.it

Why did Coinbase invent BASE, its own blockchain? Welcome to the Cryptohunt Jam, where you learn – in just a minute or two a day – what is happening in crypto and other game-changing ideas. As always:...

27 Feb 20232min

The future of voice - How AI will change the things you listen to - Episode 367 - by cryptohunt.it

The future of voice - How AI will change the things you listen to - Episode 367 - by cryptohunt.it

The future of voice - How AI will change the things you listen to Welcome to the Cryptohunt Jam, where you learn – in just a minute or two a day – what is happening in crypto and other game-changing i...

24 Feb 20232min

How generative AI will create never-ending stories - Episode 366 - by cryptohunt.it

How generative AI will create never-ending stories - Episode 366 - by cryptohunt.it

How generative AI will create never-ending stories Welcome to the Cryptohunt Jam, where you learn – in just a minute or two a day – what is happening in crypto and other game-changing ideas. As always...

23 Feb 20232min

Populært innen Business og økonomi

lydartikler-fra-aftenposten
stopp-verden
dine-penger-pengeradet
e24-podden
rss-penger-polser-og-politikk
rss-borsmorgen-okonominyhetene
pengepodden-2
finansredaksjonen
utbytte
livet-pa-veien-med-jan-erik-larssen
pengesnakk
stormkast-med-valebrokk-stordalen
okonomiamatorene
morgenkaffen-med-finansavisen
liberal-halvtime
tid-er-penger-en-podcast-med-peter-warren
rss-politisk-preik
lederpodden
rss-pa-konto
rss-fa-makro