Did we just see a crypto dead-cat bounce this morning or is the bottom in this current crash? Chinese have to sell their Bitcoins before exchanges close in China on Sept. 30.

in bitcoin •  7 years ago 

Will the downward trend continue over the weekend or is the bottom in on this crash? Will know by Monday.

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I'm thinking this is a dead cat bounce. I'm sure we will see later on today!

China closing exchange removes many crypto buyers from the market short-term. Wonder if Chinese people are allowed to open an account on an exchange outside China? Anyone know?

i reckon it will hit combined market cap just below 50bln before recovery