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)

What is DeFi? Part 1 of 2 - Crypto in Plain English - Episode 37 - by cryptohunt.it

What is DeFi? Part 1 of 2 - Crypto in Plain English - Episode 37 - by cryptohunt.it

Welcome to the cryptohunt jam where we spend one minute a day to explain crypto. In plain english. Today and tomorrow, we’ll dive into the world of DeFI, short for “decentralized finance”, where block...

17 Nov 20211min

What are Crypto ETFs? - Crypto in Plain English - Episode 36 - by cryptohunt.it

What are Crypto ETFs? - Crypto in Plain English - Episode 36 - by cryptohunt.it

Welcome to the cryptohunt jam where we spend one minute a day to explain crypto. In plain english. Today: What are crypto ETFs? You always know that things are going more mainstream when the media tal...

16 Nov 20212min

How do crypto scams work? - Crypto in Plain English - Episode 35 - by cryptohunt.it

How do crypto scams work? - Crypto in Plain English - Episode 35 - by cryptohunt.it

Welcome to the cryptohunt jam where we spend one minute a day to explain crypto. In plain english. Today: How do crypto scams work? Whenever there is money involved, scammers are not far away. In cryp...

15 Nov 20211min

How do you know if a token is a good investment? - Crypto in Plain English - Episode 34 - by cryptohunt.it

How do you know if a token is a good investment? - Crypto in Plain English - Episode 34 - by cryptohunt.it

Welcome to the cryptohunt jam where we spend one minute a day to explain crypto. In plain english. Today: How do you know if a token is a good investment First things first! This is not investment adv...

12 Nov 20211min

How to learn more about Crypto - Crypto in Plain English - Episode 33 - by cryptohunt.it

How to learn more about Crypto - Crypto in Plain English - Episode 33 - by cryptohunt.it

Welcome to the cryptohunt jam where we spend one minute a day to explain crypto. In plain english. Today: How to learn even more about crypto. This is episode 33 of “Crypto in plain English” and if yo...

11 Nov 20211min

What is a fork? - Crypto in Plain English - Episode 32 - by cryptohunt.it

What is a fork? - Crypto in Plain English - Episode 32 - by cryptohunt.it

Welcome to the cryptohunt jam where we spend one minute a day to explain crypto. In plain english. Today we tell you what a fork is. You might have heard the term “fork” recently, especially since Eth...

10 Nov 20211min

What is a Crypto Faucet? - Crypto in Plain English - Episode 31 - by cryptohunt.it

What is a Crypto Faucet? - Crypto in Plain English - Episode 31 - by cryptohunt.it

Welcome to the cryptohunt jam where we spend one minute a day to explain crypto. In plain english. Today, we explain crypto faucets. Crypto faucets are wallets that automatically give away small amoun...

9 Nov 20211min

What is an Airdrop? - Crypto in Plain English – Episode 30 - by cryptohunt.it

What is an Airdrop? - Crypto in Plain English – Episode 30 - by cryptohunt.it

Welcome to the cryptohunt jam where we spend one minute a day to explain crypto. In plain english. Today, we explain airdrops. It's quite literal - airdrops happen when owners of a token distribute it...

8 Nov 20211min

Populært innen Business og økonomi

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