Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
Schickeria
on 20/08/2014, 17:45:15 UTC

You don't even understand what a dead cat bounce is, yet you keep telling everyone they're all over the place.

He's not the only one here confusing a dead cat bounce with a bull trap ;-)

Looks like a common mistake.

Can I get a short description of the difference? Thanks Smiley

A dead bounce is a not sustainable recovery after a very sharp decline.



Bull and bear traps are all over the way: