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Showing Tag: "is the dead cat bounce underway for bitcoin" (Show all posts)

Is the dead cat bounce underway for Bitcoin, Ethereum, and Dogecoin?

Posted by Chris Morris on Sunday, May 23, 2021, In : Technical Analysis 

So, yeah, it’s a horrible day for cryptocurrency investors. Every major digital currency—from Bitcoin to Dogecoin—is down a staggering amount as China has widened its crackdown on cryptos. (So, for that matter, is Wall Street.) But virtually all of them are also already seeing some sort of recovery.

© Yuriko Nakao—Getty Images

The question is, are investors (perhaps the HODLers who are the most enthusiastic evangelists for crypto) buying on the low to send their crypto of choice higher...


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