Is this the mother of all dead cat bounces we are watching?

in cryptocurrency •  7 years ago 

So over the past few days we have seen a huge selloff in the crypto space, almost everything coming down.

We then had a bounce, but not the bounce I was expecting if I am honest, too slow. My hunch was right and this looks like a bounce back to the same bottom again.

This can be one of two things here.

1st it is a huge dead cat bounce and then we have free fall
2nd it forces a monster double bottom and then we have lift off

Which way do people think and why?

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btc crash, stock crash ww3
next currency will be bottles of coke lol

maybe a free fall but because wall st want to buy cheap.
wont take years to recover. hodl