Blow-Off Top

What Does It Mean?
What Does Blow-Off Top Mean?
A steep and rapid increase in price followed by a steep and rapid drop in price.
Blow-Off Top

Here is an example of a blow-off top, a steep rise followed by a steep fall.
Investopedia Says
Investopedia explains Blow-Off Top
The rapid increase can be a result of either actual news or simply a wild rumor.
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