Home Bitcoin Bitcoin (BTC) and Ether (ETH) Could Face Risks From Potential Short Squeeze in Dollar Index; Crypto Options Trader QCP Capital

Bitcoin (BTC) and Ether (ETH) Could Face Risks From Potential Short Squeeze in Dollar Index; Crypto Options Trader QCP Capital

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Bitcoin (BTC) and Ether (ETH) Could Face Risks From Potential Short Squeeze in Dollar Index; Crypto Options Trader QCP Capital

However, the good times may stop rolling if the heavily shorted U.S. dollar, which has recently found a “double bottom” price floor against major fiat currencies, sees a short squeeze – a rally powered by an unwinding of bearish bets, as per Singapore-based options trading firm QCP Capital.

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