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Topic: Dead cat bounce in progress! - page 2. (Read 294 times)

member
Activity: 756
Merit: 13
DIFX - Digital Finacial Exchange
June 25, 2018, 02:38:26 PM
#15
You are calling it a dead cat bounce while most of analyst see it as last dip or inverted peak and possible start of market recovery from here, i think next month will prove us where market is going, lets see.
phm
full member
Activity: 378
Merit: 110
DATABLOCKCHAIN.IO SALE IS LIVE | MVP @ DBC.IO
June 25, 2018, 02:07:26 PM
#14
Oh, whales have a big possibilities. And I think they will dump till $5-5.2k. And after that when all passengers leaves train they start BTC to the top of the Olimp. Or world crisis can help us to start
full member
Activity: 728
Merit: 103
June 25, 2018, 01:59:01 PM
#13
These dead cat bounces have allowed some investors to cash in when it temporarily rises, but one big bear i.e mt gox is now out of the picture. The recovery might therefore be real as gox will not be dumping at least until next year.
full member
Activity: 518
Merit: 100
June 25, 2018, 01:16:54 PM
#12
I agree with you that the decline will continue and we must be ready to accept it. I'm sure a big decline will happen and maybe $4000 is the lowest btc price for this year.
jr. member
Activity: 336
Merit: 3
June 25, 2018, 07:39:27 AM
#11
Yeah, I like the idea of playing the bounces too. Bought some altcoins. Also buying BTC seems like a good idea.

Put a stop loss on BTC and Alts with profit that you are happy with!
newbie
Activity: 141
Merit: 0
June 25, 2018, 07:34:52 AM
#10
Yeah, I like the idea of playing the bounces too. Bought some altcoins. Also buying BTC seems like a good idea.
jr. member
Activity: 336
Merit: 3
June 25, 2018, 07:32:56 AM
#9
Although the price of bitcoin looks very low to make some buying, I have still hesitations about buying now. I will just wait a little bit more to see the next prices.

You need to wait! It is very dangerous.
jr. member
Activity: 336
Merit: 3
June 25, 2018, 07:31:18 AM
#8
Even though we may see a another dead cat bounce now, it is still bear market and it seems like it will go below even $5000 in the following months, that might be end of many investors.

Bear Flag forming also!
full member
Activity: 448
Merit: 100
June 25, 2018, 07:24:08 AM
#7
Even though we may see a another dead cat bounce now, it is still bear market and it seems like it will go below even $5000 in the following months, that might be end of many investors.
full member
Activity: 350
Merit: 100
June 25, 2018, 07:07:10 AM
#6
Although the price of bitcoin looks very low to make some buying, I have still hesitations about buying now. I will just wait a little bit more to see the next prices.
jr. member
Activity: 336
Merit: 3
June 25, 2018, 06:49:43 AM
#5
If btc stops at today's 61xx, we will most likely see another dead cat being bounced in a few days.
Zone for the new bottom zone will be in the range of 5k5-5k6.
I think the bear will still be alive in 1-2 months, so be calm. Do not care much about whale motion, sometimes we will die very badly for FOMO.
So I think it's not a good time to buy now. Be careful.

Yes, it is insane to buy now: Any top investor will tell you the same. It is pure gambling at the moment!
newbie
Activity: 114
Merit: 0
June 25, 2018, 05:24:53 AM
#4
If btc stops at today's 61xx, we will most likely see another dead cat being bounced in a few days.
Zone for the new bottom zone will be in the range of 5k5-5k6.
I think the bear will still be alive in 1-2 months, so be calm. Do not care much about whale motion, sometimes we will die very badly for FOMO.
So I think it's not a good time to buy now. Be careful.
jr. member
Activity: 336
Merit: 3
June 25, 2018, 05:15:55 AM
#3
Maybe we will see another dead cat bounce, but I am not really sure how high the price will go up in the next time. Possible is maybe a target of 7500 USD or something like that but I am still a bit bearish. I bought a small portion and I will buy more if we see aother huge dip..

7500 USD from here is not a possibility from public sentiment Only: Only a whale can do this with a massive pump and good public sentiment follow through! The pump needs to be done at 6150 or more to flush out the bears!
sr. member
Activity: 647
Merit: 260
June 25, 2018, 05:11:08 AM
#2
Maybe we will see another dead cat bounce, but I am not really sure how high the price will go up in the next time. Possible is maybe a target of 7500 USD or something like that but I am still a bit bearish. I bought a small portion and I will buy more if we see aother huge dip..
jr. member
Activity: 336
Merit: 3
June 25, 2018, 04:58:43 AM
#1
A dead cat bounce is temporary recovery in prices after a substantial fall!
There was a substantial purchase of Bitcoin at approx 5750 USD Sunday!
This Whale might dump the lot after some FOMO: Very dangerous at the moment.
In addition a new bear flag will most probably form!
There is no real demand for Bitcoin.
Binance trade volume is down 50 percent over a period of time(I read this today)
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