MarketBeat | Stock Market News & Analysis20 Aug

Everyone Bet Against It. They Just Lost $3 Billion in One Day (Here's What Happens Next)

Don't Miss Joel's FREE Crypto Workshop + Gifts: https://www.marketbeat.com/y/yt967/

Bitcoin just ripped through one of the largest short squeezes in its history, wiping out billions in a single day after eight quiet weeks of sideways trading. Crypto expert Joel Peterson with The Crypto Code joins us to break down what actually caused the rally, whether this was the bottom, and where Bitcoin and the broader crypto market could be heading next. Joel also gets into the crypto cycle, why bull runs start at the bottom and not the top, and a few crypto-tied stocks in the traditional market that investors are watching right now.

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Video Chapters:
0:00 Intro
1:15 What Caused the Rally
5:30 Where Crypto Goes From Here
11:00 Crypto Stock 1
16:00 Crypto Stock 2
20:10 Advice for Burned Investors

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