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Friday, May 22, 2020

DEAD CAT BOUNCE OR RECOVERY?

“Butch says turn the machines back on!”

It’s tough to determine whether this tepid range and trading action today in BTC is
simply a “dead cat bounce”, or if another recovery has started to vault 10K, cuz
we’re right up against a 3 day Memorial Day Weekend … granted, that doesn’t
mean much in BTC cuz it’s always open 24/7/365, but action today has been slow
to say the least.

No trades today cuz I don’t really want to trade this stuff unless it’s moving, and
up/down $20 or so I can get in the DOW30 CFD even when it’s dead … so nothing
new today in the crypto space … Blog update on Sunday.

Outta here … until Sunday mi amigos … Onward & Upward!!

Have a great Holiday 3 day weekend everybody!

-vegas


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