Bitcoin dead cat bounce. And hear what the experts at thestreet. Read more for performance statistics and trading tactics. When it gets close to or below 30 it is in an oversold condition.
I have been fortunate enough to see this youtube channel crypto investor grow from nothing to over 100k subs in just 4 months. At first the technology was only limited to the financial industry but new applications for it have raised its potential. 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.
Explore commentary on stone energy corp. Bitcoin is not the only thing experiencing astronomical growth. 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 science news and technology news read tech reviews and more at abc news. It is difficult to differentiate between dead cat bounce and forming a bottom but there are. The blue circles in the top portion of the chart show bitcoins relative strength index or rsi.
And this solemn night a great stillness falls upon the land as the leviathan of washington is sent to its room to get its mind straight and the usa gets on with collapse in earnest. 122518 wokesterdom the ppt the sorcerers apprentice scenario james howard kunstler.