After Everything Dumped On Tuesday Bitcoin Is Having Another Weak Dead Cat Bounce

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Yesterday, just about EVERYTHING in the financial markets fell. Gold dropped, silver fell, stocks dumped, bonds dipped, and the only thing I saw up was the US dollar index and agriculture commodities - I think the latter was up as they had been in bear markets for the past few years and no one is really in them.

For the specific war news headlines, what I think we saw was a big volatility bout - that caused people on margin and leverage to have to sell positions to reduce their risk. This type of thing happened last in the markets in April of 2025, during the Trump tariff market drop. At first, during that decline, gold fell with everything else and then gold began to hold up and even go up as the stock market continued to falter.

There are times when those on leverage sell everything.

So, that’s what I think happened yesterday.

The tell for me on this is that oil was up big and energy stocks were down anyway.

And today, on the open, there is a bounce back.

One thing up is Bitcoin, but when you look at the Bitcoin chart it continues to look absolutely awful - the bounce looks pitiful and weak.