Sentiment: Positive
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Bitcoin, Ether Could Face Risks From Potential Short Squeeze in Dollar Index, QCP Capital Says
By Omkar Godbole at 2026-06-22 01:27
Sentiment: Positive
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. Continue reading...
Categories: Markets
Tags: #Bitcoin #Ether #Dollar index #Technical Analysis
Source CoinDesk