Friday, January 29, 2021

[ Bitcoin ] SLV short squeeze to cause rise in BTC?

[ 🔴 DELETED 🔴 ] Topic originally posted in Bitcoin by jonwollam [link]

What do you guys think of wallstreetbets " the world's biggest short squeeze" LINK:https://www.reddit.com/r/wallstreetbets/comments/l6novm/the_real_dd_on_slv_the_worlds_biggest_short/. It lays out the case for a short squeeze event like with Gamestop(GME) however it would be at even a more massive scale. So massive in fact that, IMO it would probably end up causing major market volatility which would entice more investors into precious metals and cryptos like bitcoin.

I am an idiot and have no idea what I am talking about so forgive me please, and this is not financial advice.


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