Did we just see a crypto dead-cat bounce this morning or is the bottom in this current crash? Chinese have to sell their Bitcoins before exchanges close in China on Sept. 30.
Will the downward trend continue over the weekend or is the bottom in on this crash? Will know by Monday.
I'm thinking this is a dead cat bounce. I'm sure we will see later on today!
China closing exchange removes many crypto buyers from the market short-term. Wonder if Chinese people are allowed to open an account on an exchange outside China? Anyone know?
i reckon it will hit combined market cap just below 50bln before recovery