Post
Topic
Board Altcoin Discussion
Re: This market is unhealthy!
by
fracas
on 12/06/2018, 19:15:33 UTC
BTC just hitted 6500 (http://bitcointicker.co/) now, really difficult to be optimistic at these critical levels. There haven't been bad news today either or maybe they will tell us after market movements. To respond to thread starter: yes, definetely unhealthy, this neverending bear market feels exactely like a bubble burst. Better to stay FIAT until a serious reversal signal is spotted. Do I have missed some bad news for today or just whales dumping hard?

This time Coindesk read it correctly: https://www.coindesk.com/dead-cat-bounce-bitcoin-may-struggle-hold-7k/

It has been definetely a dead cat bounce.