Filecoin (FIL) Surges 30% Amid Massive Short Squeeze
Filecoin has surged seriously higher over the past few days even while Bitcoin has stalled in the $13,000 range. The price of the leading altcoin recently passed above $35, the highs of the past five days. In the past 24 hours alone, FIL has gained 32.2% against the U.S. dollar per data from CoinGecko. Analysts […]
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The bitcoin price surged to $40,000 on Sunday, but what was the reason for the move and why was it so explosive?
As a result of the recent pullback in the cryptocurrency market over the weekend, Ethereum (ETH) has created two Chicago Mercantile Exchange (CME) gaps at $3,000 and $2,600. Crypto analyst Ted suggests that a short squeeze could soon push the price beyond $3,000, potentially filling these two CME gaps. Is An Ethereum Short Squeeze Imminent? […]
A matter of a few hundred dollars could separate BTC price action from a "short squeeze," one trader believes. Bitcoin (BTC) returned to $20,000 on Sep. 2 amid renewed bets on a “short squeeze” higher.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewTrader eyes $20,700 short squeeze triggerData from Cointelegraph Markets Pro and TradingView showed BTC/USD recovering from another dip below the $20,000 mark on the day, continuing rangebound behavior.The pair gave little insight into which direction the next breakout could be, with opinions differing on the surrounding....
Filecoin was one of Saturday’s biggest gainers, as prices rose by as much 24% to start the weekend. The move saw the token reach its highest point since early June, and comes despite cryptos being mostly in the red in today’s session. DOT was also higher, as it too hit a multi-week high. Filecoin (FIL) Filecoin (FIL) was one of the big movers in crypto markets on Saturday, as prices of the token surged by over 24%. On Saturday, FIL/USD rose to an intraday high of $7.49, which comes less than a day after being at a bottom of $5.81. As a result of this, FIL reached its highest....
The current Bitcoin volatility Index values suggest that a short squeeze may be near, if past pattern continues to hold. Past Bitcoin Volatility Index Pattern Suggests A Short Squeeze May Happen Here As explained by an analyst in a CryptoQuant post, the BTC volatility index has now reached values where a short squeeze has happened in the past. The “volatility index” is an indicator that shows how much the price of Bitcoin has fluctuated in a day compared to its historical average. When the value of this metric rises, it means the crypto’s price has recently seen higher....