Bitcoin rises despite "bad news" --> further evidence Bitcoin bottom is in

STRATEGY: Markets typically bottom on "bad news"As the US Memorial Day weekend comes to a close, we wanted to close the loop on Bitcoin, particularly before US financial markets open on Tuesday morning. This past Friday (5/28), we issued an INTRADAY WORD to our clients at 6:50pm, with our view that the probabilities favored Bitcoin to be flat/rising over the long weekend.  The rationale:- Bitcoin fell sharply over the prior two weekends, mainly due to regulatory risks rising, particularly US and China- sell-offs over the past two weeks triggered significant de-leveraging- in our 20-i...