Discover and read the best of Twitter Threads about #deadcatbounce

Most recents (3)

So is that bad? That seems bad.

#DeadCatBounce Image
Russia is imploding the likes we've not seen...ever.

Even the Greece economic collapse looks pale by comparison.

This is what Greece looks like since the economic collapse...and they had the help of the West to recover.

Russia is looking at a generational era of poverty. Image
Read 6 tweets
IS 30K THE BEAR MARKET'S FLOOR?
🧵/1. Looking at the Spot Exchanges (@coinbase, @binance) volume profile throughout 2021-2022, the 30K-35K price range has been a very strong demand area. A #BlackSwan " event aside, this range could be this bear market's bottom.
🧵/2. In 2018's bear market, which lasted 11 months, the floor price was ~ $6.4K involving multiple #DeadCatBounce with up to 80% rebounds. During this bearish phase, the % of supply in loss grew +20% due to the BUY/HODL at prices above ~$6.4K.
🧵/3. Assuming the second ATH was a dead cat bouns in a bear market, so far % of supply in loss has grown +6% while we had a +130% rebound to $69K. Therefore, a lengthier bear market is not out of the picture.
Read 7 tweets

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