Bitcoin (BTC) is up roughly nine percent today, at the time of this writing — but should you be excited? Probably not.
What is likely happening with the price of Bitcoin is what is commonly referred to as a ‘dead cat bounce.’ Such a bounce is a temporary recovery with positive price action on the way down. It is commonly caused by investors looking to make up for their losses or retail investors getting suckered-in to what looks like a positive reversal.


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Dani P
Dani Polo is the co-founder of BeInCrypto, one of the most-read crypto media platforms globally. With a background in fintech and digital strategy, he has led its global expansion and business innovation. Recognized with multiple international awards, Dani combines technology, content, and automation to scale audiences in emerging financial markets.
Dani Polo is the co-founder of BeInCrypto, one of the most-read crypto media platforms globally. With a background in fintech and digital strategy, he has led its global expansion and business innovation. Recognized with multiple international awards, Dani combines technology, content, and automation to scale audiences in emerging financial markets.
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