Bull Trap, Falling Knife, Dead Cat Bounce??? - Crypto Terms Explained

in LeoFinance2 years ago

As the price of Bitcoin continues to recover, some people simply can't enjoy a good thing and have cautiously warned us all that the recent positive price action is a "Dead Cat Bounce". But what even is a dead cat bounce, and why do cryptocurrency traders use such wacky names to describe price action? Join me in today's video where we discuss some of the most commonly used trading terms that you are likely to hear in your favorite crypto commentary.