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The blue circles in the top portion of the chart show bitcoins relative strength index or rsi.

Bitcoin dead cat bounce. Get the latest science news and technology news read tech reviews and more at abc news. When it gets close to or below 30 it is in an oversold condition. A dead cat bounce is a temporary recovery from a prolonged decline or a bear market that is followed by the continuation of the downtrenda dead cat bounce is a small short lived recovery in the.

Get the latest news and analysis in the stock market today including national and world stock market news business news financial news and more. And hear what the experts at thestreet. View detailed financial information real time news videos quotes and analysis on stone energy corp.

Read more for performance statistics and trading tactics. I think it is obvious by now that the smart money is in blockchain technology regardless of your past convictions. I have been fortunate enough to see this youtube channel crypto investor grow from nothing to over 100k subs in just 4 months.

Bitcoin is not the only thing experiencing astronomical growth. The dead cat bounce is an event pattern with a large 1 day price decline of at least 15 but usually much higher followed by a bounce then decline. It is difficult to differentiate between dead cat bounce and forming a bottom but there are.

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