No Long Squeeze This Bitcoin Cycle, What Does it Mean?

Ki Young Ju, the founder and CEO of blockchain analytics platform CryptoQuant, observed that while the last Bitcoin (BTC) cycle saw several long squeezes; the current one has not. A long squeeze occurs when the price of an asset declines, forcing long position holders to liquidate their assets to prevent further losses, accelerating the price […] source: https://coinedition.com/no-long-squeeze-this-bitcoin-cycle-what-does-it-mean/