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TagsWhat is a squeeze in cryptocurrency trading?
S MaluDec 17, 2021 · 3 years ago1 answersCan you explain what a squeeze is in cryptocurrency trading and how it affects the market?
1 answers
- A squeeze in cryptocurrency trading is when the price of a cryptocurrency experiences a sudden and significant increase in a short period of time. This can be caused by various factors such as positive news, increased demand, or a decrease in supply. When a squeeze occurs, it can create a buying frenzy among traders, leading to a rapid increase in price. Traders who are able to identify and take advantage of squeezes can make substantial profits. However, it's important to note that squeezes can also be accompanied by increased volatility and risk, so traders should exercise caution and use proper risk management strategies when trading during a squeeze.Dec 17, 2021 · 3 years ago
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