That’s why the price is rising now

In the financial world, you can use derivatives to bet on pretty much anything, including that the Bitcoin price will fall. Market experts assume that a so-called short squeeze is partly responsible for the current upward momentum. With such short sales, investors speculate on falling prices and borrow shares and crypto units – these are the underlying asset – which they sell directly. Their hope: They can buy them back cheaper by the return date, and the difference would be their profit. However, if prices rise and their bet falls through, the short sellers have to buy new securities or coins in a rising market. This continues to drive the rally.