Now, hold yer horses, folks. Seems the cryptocurrency market’s had a bit of a twitch, jumpin’ up a touch over 1.8% in the last 24 hours. Bitcoin, bless its digital heart, and a goodly number of its friends in the top 20, are dancin’ in the green. But don’t go spendin’ all yer gold just yet… 🤠
Because, wouldn’t ya know it, them fellers called “analysts” are a-warnin’ that this here feel-good rally might just be a… well, a “dead cat bounce.” Which, as any sensible person knows, ain’t a good sign. It’s a bit of a perk-up before things go plumb south again, if you catch my drift. 📉
Smart Folks Talkin’ ‘Bout a Dead Cat
BeInCrypto’s Markets reportin’ machine says Bitcoin managed to get itself all the way up to $89,000 on Monday, after a bit of weekend recoverin’. But it settled back down to $87,755 as of this writin’. A meager gain of 0.23% – a real humdinger, that is! 😉
That fella, Elja, a right smart crypto analyst, he’s been lookin’ at Bitcoin’s charts, and warnin’ us. He says these little rallies after a good fallin’ often just give folks false hope. Says $98,000 is where the rubber meets the road for Bitcoin’s future wanderings.
“After a good tumble, you’ll see a quick little bounce, like a dead cat. Don’t get yer hopes up. $98,000. That’s the number to watch. Used to be a safe place, but now it might just stop it goin’ higher,” he reckons.
Elja says if it can’t climb above $98,000, well, Bitcoin’s lookin’ at another dip, maybe down towards $75,000. But, if it does manage a proper closin’ above that figure, maybe this ain’t no dead cat after all! 😼
Then there’s Ted Pillows, who calls this a “relief bounce” – nothin’ serious. He says folks get all giddy when prices tick up a bit, but it don’t last in a market that’s frownin’. The big picture, he says, still points downward. Sounds like a gloomy Gus to me! 😒
Titan of Crypto, a fella with a proper name, says Bitcoin’s got a bit of a fight on its hands with somethin’ called the Senkou Span B. Apparently, it’s a line in the sand. Even if Bitcoin does rise, it’ll probably be just another dead cat, like we saw back in ’22. A right mess, if you ask me.
And wouldn’t ya know, somebody’s spottered a possible shape on the charts! A “head-and-shoulders” thingamajig. Seems like a bad omen, signalin’ things are about to go south again.
Meow??? How high can the cat bounce?
– Peter Brandt (@PeterLBrandt) November 25, 2025
But hold on! Not everyone’s singin’ the blues. That Peter Anthony fella thinks folks are too quick to call every rise a “dead cat bounce.” He reckons Bitcoin’s headed for $100,000, and these naysayers are just plain wrong. A bit of optimism, at last! 🎉
“They’ll keep callin’ it a dead cat, even as Bitcoin zooms past $115,000! Those who sold too soon will be kickin’ themselves, waitin’ for another chance to buy,” Anthony proclaims.
BeInCrypto also reports folks are startin’ to think the worst is over. Only time will tell, I reckon. The next few weeks will be mighty important for Bitcoin’s direction. Whether it keeps climbin’ or takes another tumble? Well, that’s the million-dollar question, ain’t it? 🤷
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2025-11-25 07:47