Bitcoin, Ether Could Face Risks From Potential Short Squeeze in Dollar Index, QCP Capital Says

The U.S. dollar has been heavily shorted since early October in hopes for a so-called dovish Fed pivot and looks ripe for a short squeeze, a move higher driven by unwinding of bearish positions. Bitcoin tends to move in the opposite direction of the dollar.

• 2023-05-03
• double bottom QCP dollar index short squeeze

Coinbase and Others Are Set for a ‘GameStop Moment’ in Crypto Stock Short Squeeze

A large percentage of the shares in companies exposed to crypto have been sold short. Price jumps point to short squeezes—and more could come.

• 2023-02-03
• MicroStrategy Silvergate GameStop Coinbase digital assets short squeeze