Cryptocurrency Market Update: Real Recovery or Dead Cat Bounce?14.38

The recovery on crypto markets has continued for a second day but has slowed down somewhat. Percentage gains today are less than what they were yesterday but market capitalization is approaching $140 billion once again.

Many are calling a ‘dead cat bounce’ on Bitcoin indicating that it will meet resistance at $4,200 and plunge back into the depths below $4,000 again. BTC has made 7% on the day and reached this resistance level just passing it to clear $4,300 few hours ago.

Original source
https://www.newsbtc.com/2018/11/29/cryptocurrency-market-update-real-recovery-or-dead-cat-bounce/

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