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Bitcoin Weekly: Dead Cat Bounce?
By ProButterfly  •  July 1, 2018

Every market experiences cycles. They are educational opportunities to understand how to deal with the irrational exuberance bull markets and irrational fear in bear markets. The crypto market is currently squarely in a bear trend. The market still has a lot of the exuberance of the gains of 2017. Price speculators unfortunately get slaughtered in both bull and bear markets. The adults have started taking their respective seats in the crypto markets. It started with the listing of the first futures contract and has continued as more onramps and offramps have been put into place. 

There were some interesting events that we should pay attention to this week:

CME Future Contract Expiry

This weekends bounce is quickly being heralded that the bottom is in for 2018. While no one can fully guarantee anything in the markets, holding majority consensus views is dangerous. It may be coincidence that

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By ProButterfly
Tam Ging Wien has been an avid equities and real estate investor for over 10 years. His passion for financial education and training stems from a desire to help others help themselves achieve financial freedom. In 2017 he published his first book entitled REITs to Riches: Everything You Need to Know About Investing Profitably in REITs.
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