After a record-breaking recovery rally, traders aren’t convinced any of the recent gains in the S&P 500 are sustainable and have amassed the largest net short futures position over the past decade. Due to the ongoing correlation between Bitcoin and the stock market, a massive short squeeze in the S&P 500 index could help Bitcoin finally break out from resistance at $10,000. 2020 is a Rollercoaster Year For the Financial Markets At the start of […]
