Everyone Bet Against It. They Just Lost $3 Billion in One Day (Here's What Happens Next)

Don't Miss Joel's FREE Crypto Workshop + Gifts: https://www.marketbeat.com/y/yt967/

Bitcoin just ripped through one of the largest short squeezes in its history, wiping out billions in a single day after eight quiet weeks of sideways trading. Crypto expert Joel Peterson with The Crypto Code joins us to break down what actually caused the rally, whether this was the bottom, and where Bitcoin and the broader crypto market could be heading next. Joel also gets into the crypto cycle, why bull runs start at the bottom and not the top, and a few crypto-tied stocks in the traditional market that investors are watching right now.

View Bridget's Buys here: https://www.marketbeat.com/bridget 📲 Text 'YouTube' to 68285 for FREE SMS breaking news alerts on top stocks.

Video Chapters: 0:00 Intro 1:15 What Caused the Rally 5:30 Where Crypto Goes From Here 11:00 Crypto Stock 1 16:00 Crypto Stock 2 20:10 Advice for Burned Investors

DISCLAIMER: MarketBeat's videos are for educational and informational purposes only and do not constitute financial, legal, or tax advice. We are not registered investment advisers, and nothing herein is a recommendation to buy, sell, or hold any security or strategy. Investing involves risk—including the potential loss of principal—so always perform your own due diligence and consult a licensed professional before acting. All opinions are those of the presenters and may change without notice. Presenters and MarketBeat personnel may own or trade the securities discussed. Past performance is not indicative of future results; any examples or case studies shown are illustrative and not typical. Some links or promotions mentioned may be affiliate partnerships that compensate MarketBeat at no additional cost to you. MarketBeat and its representatives accept no liability for any losses arising from reliance on this content.