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Title: Dead cat bounce in progress! Post by: jamesashmore1964 on June 25, 2018, 09:58:43 AM 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) Title: Re: Dead cat bounce in progress! Post by: MartiniBlanco on June 25, 2018, 10:11:08 AM 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..
Title: Re: Dead cat bounce in progress! Post by: jamesashmore1964 on June 25, 2018, 10:15:55 AM 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! Title: Re: Dead cat bounce in progress! Post by: jeanniej4 on June 25, 2018, 10:24:53 AM 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. Title: Re: Dead cat bounce in progress! Post by: jamesashmore1964 on June 25, 2018, 11:49:43 AM 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! Title: Re: Dead cat bounce in progress! Post by: real eyes realize on June 25, 2018, 12:07:10 PM 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.
Title: Re: Dead cat bounce in progress! Post by: rayk on June 25, 2018, 12:24:08 PM 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.
Title: Re: Dead cat bounce in progress! Post by: jamesashmore1964 on June 25, 2018, 12:31:18 PM 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! Title: Re: Dead cat bounce in progress! Post by: jamesashmore1964 on June 25, 2018, 12:32:56 PM 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. Title: Re: Dead cat bounce in progress! Post by: baghodler123 on June 25, 2018, 12:34:52 PM Yeah, I like the idea of playing the bounces too. Bought some altcoins. Also buying BTC seems like a good idea.
Title: Re: Dead cat bounce in progress! Post by: jamesashmore1964 on June 25, 2018, 12:39:27 PM 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! Title: Re: Dead cat bounce in progress! Post by: auliahr on June 25, 2018, 06:16:54 PM 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.
Title: Re: Dead cat bounce in progress! Post by: 5ensei on June 25, 2018, 06:59:01 PM 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.
Title: Re: Dead cat bounce in progress! Post by: phm on June 25, 2018, 07:07:26 PM 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
Title: Re: Dead cat bounce in progress! Post by: kingzpro on June 25, 2018, 07:38:26 PM 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.
Title: Re: Dead cat bounce in progress! Post by: Johnyz on June 25, 2018, 09:34:35 PM 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. Title: Re: Dead cat bounce in progress! Post by: georgereyes on June 25, 2018, 10:30:17 PM $5000 is the magic number.
Title: Re: Dead cat bounce in progress! Post by: Primal6666 on June 25, 2018, 10:40:57 PM 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) Are we all gona die??? Sounds so pessimistic. )) True, but i hope, at least they(wales) will give us some happy days and rise price back at 6.700, at least for a bit time. Title: Re: Dead cat bounce in progress! Post by: Encelad on June 25, 2018, 11:28:34 PM Whales earned fabulous money last year. Now they squeeze out new investors who came to the cryptosphere quite recently. Time and money they have a lot they do not hurry, this whole year will be under a bearish flag!
Title: Re: Dead cat bounce in progress! Post by: Primal6666 on June 27, 2018, 10:58:54 PM Whales earned fabulous money last year. Now they squeeze out new investors who came to the cryptosphere quite recently. Time and money they have a lot they do not hurry, this whole year will be under a bearish flag! I would like to say that everyone is accustomed to blaming whales, but I want to remind you, that those who want to speculate, play a role in this drop, not less than whales, constantly selling bitcoin in the hope of buying it as cheap as possible. And i hope your wrong, and a bullran will comeback much earlyer. Title: Re: Dead cat bounce in progress! Post by: real eyes realize on July 02, 2018, 09:48:48 PM 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. I have waited some time. I am still not sure about that this prices are excellent for buying, but on the other hand, the current prices should always be considered to make plans. Title: Re: Dead cat bounce in progress! Post by: 5ensei on July 02, 2018, 09:57:31 PM The dead cat bounce is turning into a live cat jumping. Bitcoin is back on the march and this could actually be the real recovery judging from the speed at which the price has rebounded. Hasn't been like this in a long time, good to see some green!
Title: Re: Dead cat bounce in progress! Post by: MidnightWolf on July 02, 2018, 11:10:01 PM The dead cat bounce is turning into a live cat jumping. Bitcoin is back on the march and this could actually be the real recovery judging from the speed at which the price has rebounded. Hasn't been like this in a long time, good to see some green! How long will this all go on? Of course I would like to see only green in front, today the market is in such a position that I do not expect active growth, at least until the end of this year.Title: Re: Dead cat bounce in progress! Post by: biochem123 on July 02, 2018, 11:24:47 PM There's still money to be made here
We have a trend reversal on our hands shown by higher lows and higher highs (first time since drop from 10k) not saying it's anything long-term but we could go up another couple of hundred bucks...meanwhile you can make 100% on alts Title: Re: Dead cat bounce in progress! Post by: ThomasV80 on July 02, 2018, 11:32:04 PM 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. agree, I get the same information about bitcoin price prediction. if the bitcoin price breaks below $ 6000, chances are the lowest price of bitcoin can touch in the $ 4000 range. Title: Re: Dead cat bounce in progress! Post by: Ciucas on July 03, 2018, 05:01:11 AM It looks like you were not right. The market seems to be recovering, and we are now heading to 300 Billion dollars market cap. There have been many good news lately, and i don't see why you just think this is all a pump and dump from whales because it's not.
Title: Re: Dead cat bounce in progress! Post by: benedictonathan on July 03, 2018, 06:03:56 AM 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. You see it differently while the most in the thread agrees with the assumption. For all I know what we can do is basically just hold our investments from this point forward. Many analysts does see it as a last dip and we would be looking forward to recovery soon. We will see for ourselves what is in store for us the coming months. Title: Re: Dead cat bounce in progress! Post by: okala on July 03, 2018, 06:54:46 AM It means we should becarefull in the ways we invest in bitcoin and others cryptocurrencies, because the bears are waiting to still pull down cryptocurrencies. Bitcoin maybe falling towards $5500 or $5,000 before it can be able to recover again. We need more volume to be able to go up.
Title: Re: Dead cat bounce in progress! Post by: Cnut237 on July 03, 2018, 07:15:02 AM I think that a big reason for the current bounce is that we were testing the resistance point at around $250 billion (whole market), which was the bottom established in the big drop earlier this year. $250b is where we stopped falling, and rose back to high $400b. The fall from that point has bounced back again at roughly the same place, a bit below $250b. When you bounce back twice from the same place, it shows there is strength there. I don't think there's much chance of drops past that point now.
Title: Re: Dead cat bounce in progress! Post by: jamesashmore1964 on July 03, 2018, 07:18:57 AM I think that a big reason for the current bounce is that we were testing the resistance point at around $250 billion (whole market), which was the bottom established in the big drop earlier this year. $250b is where we stopped falling, and rose back to high $400b. The fall from that point has bounced back again at roughly the same place, a bit below $250b. When you bounce back twice from the same place, it shows there is strength there. I don't think there's much chance of drops past that point now. We are testing a moving average Dumb ass! Title: Re: Dead cat bounce in progress! Post by: jamesashmore1964 on July 03, 2018, 07:19:38 AM It means we should becarefull in the ways we invest in bitcoin and others cryptocurrencies, because the bears are waiting to still pull down cryptocurrencies. Bitcoin maybe falling towards $5500 or $5,000 before it can be able to recover again. We need more volume to be able to go up. True! Title: Re: Dead cat bounce in progress! Post by: jamesashmore1964 on July 03, 2018, 07:22:19 AM 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. You see it differently while the most in the thread agrees with the assumption. For all I know what we can do is basically just hold our investments from this point forward. Many analysts does see it as a last dip and we would be looking forward to recovery soon. We will see for ourselves what is in store for us the coming months. Bitcoin 7K would be a signal to buy BUT You need to protect gains with a stop loss! 7K IS A GREEN LIGHT! Title: Re: Dead cat bounce in progress! Post by: jamesashmore1964 on July 03, 2018, 07:26:24 AM It looks like you were not right. The market seems to be recovering, and we are now heading to 300 Billion dollars market cap. There have been many good news lately, and i don't see why you just think this is all a pump and dump from whales because it's not. Firstly news is an uncountable noun and do not put MANY before it! You might be right and at a BTC price of 7K your opinion will be confirmed for a higher run BUT you need to protect positions with a stop loss! Title: Re: Dead cat bounce in progress! Post by: Vit83 on July 03, 2018, 08:05:21 AM IMHO this is not very correct to call this dead cat bounce. IMHO now people are ready to buy again, but they don't understand what happening, why it falling again and again. We need few normal weeks, even without rally to start to believe that all is ok, to start buying;)
Title: Re: Dead cat bounce in progress! Post by: Suslived on July 03, 2018, 08:08:25 AM This guy sounds like a desperate shill spammer that has shorted bitcoin at the wrong time. Check out all his spam threads that aim to spread FUD about bitcoin. There is nothing you can do to stop progress and innovation my friend. Bitcoin is on the way back up because of it's fundamentals.
Sorry to tell you but if you bet against bitcoin and cryptocurrencies, you will always lose in the end. |