Dead cat bounce
Should I crawl, bawl or should I pounce stall
Will market bounce announce catcall wrawl
All basket cases
Till market chases
Could ounce dead cat bounce still trounce down fall
6 February 2018
Please permit me to convey this news in this extra post.
Daily prompt: Permit
At is peak in December last year (2017), Bitcoin was worth $19,500.
This afternoon Bitcoin was worth less than $6500 (just after 3.30pm New Zealand Time, NZT), less than 1/3 of its peak value.
Ripple was worth less than 65 cents.
Will there be another dead cat bounce soon?
Will this signal the bursting of the bubble?
Update: At 4.15pm (NZT, below), all top 20 cryptocurrencies except Tether and most other cryptocurrencies were all down over 20% in the last 24 hours. See: https://coinmarketcap.com/
Just after 3.15 pm: