Bitcoin Forum
December 11, 2024, 11:44:27 AM *
News: Latest Bitcoin Core release: 28.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: [1]
  Print  
Author Topic: You can't dead cat bounch back to a solid support line..  (Read 510 times)
spazzdla (OP)
Legendary
*
Offline Offline

Activity: 1722
Merit: 1000


View Profile
November 05, 2015, 04:18:53 PM
 #1

That's not how dead cat bounces work...... clearly the cat is not dead if it fails to break a solid support line.

If we fall back to 220-240 for another few months, BTC future is confirmed.
manselr
Legendary
*
Offline Offline

Activity: 868
Merit: 1006


View Profile
November 05, 2015, 07:33:05 PM
 #2

This is just a very healthy correction. We are coming from low 200s all the way up to 502, and right now we are back at 411 and it just resists to go any lower. I can't wait to see how the price looks like on January 1 2016.
Pages: [1]
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!