BTC - Dead cat bounce today - Selloff continues on Tuesday

• BTC
• Dead cat bounce today
• Selloff continues on Tuesday

 

Trading a dead cat bounce as a continuation to the downside...ymmv

https://elitetrader.com/et/threads/...st-right-here-baby.335635/page-8#post-4987957

https://www.elitetrader.com/et/thre...at-right-here-baby.343012/page-8#post-5336117

 

I am betting on continuation but we will see...

 

That was one HELL of a dead cat bounce! Like that motherfucking dead cat almost had enough velocity to escape Earth's gravitational pull!!!

 

Shorts are praying again

 

It gave fleeting hope to the BTC bulls.

 

At least on stonks it's not a dead cat bounce, it's quite a reversal. To remain bullish, needs to consolidate at the very least.

 

Oh I missed the BTC aspect of this. I was thinking about the stonks.

So optionsx3, would you say the stonk recovery today was also a dead cat bounce? Or that is different?

 

I am bullish on stocks ---- I think earnings this week and next week will be overall good for AAPL, MSFT, FB, GOOGL and AMZN, pushing up the Nasdaq.

I am very bearish on BTC. Take a look at my The BTC 5-year chart is eerily similar to the Nasdaq of early 2000's thread.

 

Bitcoin kiss of death!! Cramer says buy.