Bitcoin Dead Cat Bounce: Analyst Reveals What To Expect As Price Recovers
Bitcoin’s (BTC) latest upward move arrives at a time when confidence in the market remains uncertain, with many traders unsure whether the slight price recovery marks early strength or another temporary bounce. With last week’s pullback still fresh, a crypto analyst argues that most traders may label the recent recovery a dead cat bounce. However, he believes the narrative is misleading and predicts that Bitcoin’s rebound this week may be setting the stage for a stronger rally. Why The Bitcoin Price Recovery Is Not A Dead Cat Bounce Market analyst and founder of The House of Crypto, Peter....
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