Topic: Dead Cat Bounce - page 2. (Read 3028 times)
i was right it's returning again at 400, it was a trap like the last one, you see there is no sub 350 anymore, keep waiting forever for it, while we approach a major value increase 500>
Dead, or do you mean to say that either Bitcoins are gonna die or something's gonna kill it, right???
This doesn't look like it, as it is just panic selling by whales just to buy coins for cheaper, maybe because they are preparing for some big pumps that we are going to witness soon...
This doesn't look like it, as it is just panic selling by whales just to buy coins for cheaper, maybe because they are preparing for some big pumps that we are going to witness soon...
Or the mice are just leaving the sinking ship panic selling this time for good?
the chart looks like that dead cat bounce but I do not think it is the end or the price will fall to zero.
if you looked at the price chart you will see that you can not apply stock market analysis on bitcoin, it has its own way in movement
if you looked at the price chart you will see that you can not apply stock market analysis on bitcoin, it has its own way in movement
Technical analysis is just based on people's attitude towards buying and selling.
The market size and depth of Bitcoin may be different, but the underlying emotions which drive people to buy and sell are the same.
Dead, or do you mean to say that either Bitcoins are gonna die or something's gonna kill it, right???
This doesn't look like it, as it is just panic selling by whales just to buy coins for cheaper, maybe because they are preparing for some big pumps that we are going to witness soon...
This doesn't look like it, as it is just panic selling by whales just to buy coins for cheaper, maybe because they are preparing for some big pumps that we are going to witness soon...
Huh? No. It's just a technical term like heads and shoulders, triple top, etc..
Can't tell, but this is bitcoin after all. Price swings can make your teeth curl and induce vomiting. We'll see what the price does, if anything, over the weekend.
Your definition forgot to mention that the cat must die. Stocks die when underfunded, bitcoin does not. If you want to determine if this is a dead cat bounce then you are going to have to wait until bitcoin is dead, as it can only be defined in retrospect.
P.s. I have not tested this, but I assume that live cats also bounce.
P.s. I have not tested this, but I assume that live cats also bounce.
Not necessarily. By dead it means only the current trend is over. It's a trading term.
This market really is fucking ridiculous.
Last week, Bitcoin was trading at $352, but by the end of the day, it was trading at $390.
4 days later, or 2 days ago, Bitcoin was trading at $428.
Today, it is trading back at $390.
....
Last week, Bitcoin was trading at $352, but by the end of the day, it was trading at $390.
4 days later, or 2 days ago, Bitcoin was trading at $428.
Today, it is trading back at $390.
....
Well that's our good old rolloercoaster I would say.
Would have been nice to stay above the 400 but as it was already mentioned there wasn't much support as it slowly started to decline constantly after the $428 top.
Indeed.
And how many momentum chasers who bought $400+ Bitcoin, do you think are sitting bagholding BTC right now, anxious on an opportunity to get the fuck out?
Going by the strong break out volume and the weak correction volume that has brought Bitcoin down to well beneath the break out. I would say quite a lot.
the chart looks like that dead cat bounce but I do not think it is the end or the price will fall to zero.
if you looked at the price chart you will see that you can not apply stock market analysis on bitcoin, it has its own way in movement
if you looked at the price chart you will see that you can not apply stock market analysis on bitcoin, it has its own way in movement
This market really is fucking ridiculous.
Last week, Bitcoin was trading at $352, but by the end of the day, it was trading at $390.
4 days later, or 2 days ago, Bitcoin was trading at $428.
Today, it is trading back at $390.
....
Last week, Bitcoin was trading at $352, but by the end of the day, it was trading at $390.
4 days later, or 2 days ago, Bitcoin was trading at $428.
Today, it is trading back at $390.
....
Well that's our good old rolloercoaster I would say.
Would have been nice to stay above the 400 but as it was already mentioned there wasn't much support as it slowly started to decline constantly after the $428 top.
Dead, or do you mean to say that either Bitcoins are gonna die or something's gonna kill it, right???
This doesn't look like it, as it is just panic selling by whales just to buy coins for cheaper, maybe because they are preparing for some big pumps that we are going to witness soon...
This doesn't look like it, as it is just panic selling by whales just to buy coins for cheaper, maybe because they are preparing for some big pumps that we are going to witness soon...
If you look at the charts without any context, it definitely looks like a dead cat bounce however if you know what happened in the bitcoin community you will realize that the dump was stupid to begin with and bitcoin was on the uptrend the last year
It appears to be one. I think we'll be correcting somewhere around 385 after the big fall from the other day. It's still an increase from where we started after the early November crash, but we started to get too ahead of ourselves and the Hearn news was the straw that made the correction start
He is implying we are going to like $20 a Bitcoin.
Ya, no.
we can not really talk about dead cat bounce after a fake dump driven by a statement and some coins dumped because of thief
as i see it this is a double correction of the price waiting for stabilize again at a precise value
as i see it this is a double correction of the price waiting for stabilize again at a precise value
What thief dumping coins? Coins stolen from cryptsy?
Yeah...coins stolen from Crypsy fucking ages ago, but the announcement from Cryptsy that this was the case is recent news.
Maybe the theif has cashed them out, maybe he hasn't. Maybe he has cashed some of them out, maybe he has cashed all of them out.
we can not really talk about dead cat bounce after a fake dump driven by a statement and some coins dumped because of thief
as i see it this is a double correction of the price waiting for stabilize again at a precise value
as i see it this is a double correction of the price waiting for stabilize again at a precise value
What thief dumping coins? Coins stolen from cryptsy?
yeah presumably, but it seems that he did not dumped anything, because they have retrieved those coins, and the thief was caught? i did not follow the whole drama
Your definition forgot to mention that the cat must die. Stocks die when underfunded, bitcoin does not. If you want to determine if this is a dead cat bounce then you are going to have to wait until bitcoin is dead, as it can only be defined in retrospect.
P.s. I have not tested this, but I assume that live cats also bounce.
P.s. I have not tested this, but I assume that live cats also bounce.
we can not really talk about dead cat bounce after a fake dump driven by a statement and some coins dumped because of thief
as i see it this is a double correction of the price waiting for stabilize again at a precise value
as i see it this is a double correction of the price waiting for stabilize again at a precise value
What thief dumping coins? Coins stolen from cryptsy?
Seems like it is a dead cat bounce. It also looks like bitcoin has been going back down under $400 these last couple of hours.
I was hoping for bitcoin to stay up there until the end of the month. But who knows what will happen. For now it seems like $400 is too weak to support bitcoin.
I was hoping for bitcoin to stay up there until the end of the month. But who knows what will happen. For now it seems like $400 is too weak to support bitcoin.
But the dead cat can bounce many times.....just wait on the FU move up to $435.......Wipe out all the shorts before coming back down. Mr Bitcoin doesn't like the public getting in on his manipulations.
Seems like it is a dead cat bounce. It also looks like bitcoin has been going back down under $400 these last couple of hours.
I was hoping for bitcoin to stay up there until the end of the month. But who knows what will happen. For now it seems like $400 is too weak to support bitcoin.
I was hoping for bitcoin to stay up there until the end of the month. But who knows what will happen. For now it seems like $400 is too weak to support bitcoin.
This market really is fucking ridiculous.
Last week, Bitcoin was trading at $352, but by the end of the day, it was trading at $390.
4 days later, or 2 days ago, Bitcoin was trading at $428.
Today, it is trading back at $390.
V tops and V bottoms. Looks to me, that this whipsaw, was no more than a violent reaction against the prevaling trend which had over stretched itself.
Would be fucking loving this if I was able to get any good trades away, and whilst I know of folks who are trading well in both directions, I imagine the volatility and lack of retests is proving a little too nippy for the majority. I imagine the majority here are getting wiped out left right n centre here.
What about all those momentum chasers on the break of $390?
They cashed out yet?
NO!
Last week, Bitcoin was trading at $352, but by the end of the day, it was trading at $390.
4 days later, or 2 days ago, Bitcoin was trading at $428.
Today, it is trading back at $390.
V tops and V bottoms. Looks to me, that this whipsaw, was no more than a violent reaction against the prevaling trend which had over stretched itself.
Would be fucking loving this if I was able to get any good trades away, and whilst I know of folks who are trading well in both directions, I imagine the volatility and lack of retests is proving a little too nippy for the majority. I imagine the majority here are getting wiped out left right n centre here.
What about all those momentum chasers on the break of $390?
They cashed out yet?
NO!
So... Did you vote yes or no?
This market really is fucking ridiculous.
Last week, Bitcoin was trading at $352, but by the end of the day, it was trading at $390.
4 days later, or 2 days ago, Bitcoin was trading at $428.
Today, it is trading back at $390.
V tops and V bottoms. Looks to me, that this whipsaw, was no more than a violent reaction against the prevaling trend which had over stretched itself.
Would be fucking loving this if I was able to get any good trades away, and whilst I know of folks who are trading well in both directions, I imagine the volatility and lack of retests is proving a little too nippy for the majority. I imagine the majority here are getting wiped out left right n centre here.
What about all those momentum chasers on the break of $390?
They cashed out yet?
NO!
Last week, Bitcoin was trading at $352, but by the end of the day, it was trading at $390.
4 days later, or 2 days ago, Bitcoin was trading at $428.
Today, it is trading back at $390.
V tops and V bottoms. Looks to me, that this whipsaw, was no more than a violent reaction against the prevaling trend which had over stretched itself.
Would be fucking loving this if I was able to get any good trades away, and whilst I know of folks who are trading well in both directions, I imagine the volatility and lack of retests is proving a little too nippy for the majority. I imagine the majority here are getting wiped out left right n centre here.
What about all those momentum chasers on the break of $390?
They cashed out yet?
NO!
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