When life imitates comedy, you end up with a vomiting camel
There's always someone who takes the joke seriously
Drawing funny things on technical analysis charts is, well, funny. Forget trendlines and moving averages, you need the occasional dinosaur:
Katie Martin at the FT has been at it for years. Her signature is the vomiting camel and she even takes the joke a step further by declaring herself the CIO of Vomiting Camel Asset Management on her twitter.
As with everything on the internet, it's suddenly taken on a life of its own and someone thought it was real. Someone who trades Bitcoin of all things.
In a post and video, he outlines the pattern on Bitcoin and explains it.
"This is a real chart pattern. It was discovered by Katie Martin, she manages Vomiting Camel Capital Asset Management," he writes.