Is This a Dead-Cat Bounce or a Genuine Rally?
Right now, the preponderance of evidence points toward a probable dead-cat bounce — at least in the short term — rather than the start of a sustained rally:
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Bitcoin has lost nearly half its value from a recent peak (~$126K) to recent lows near or below $64K, marking a significant multi-month downtrend rather than a reversal.
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The data shows a broader crypto market slump, heavy outflows from Bitcoin ETFs, and corrective pressure from macro risk-off sentiment.
This pattern — sharp decline followed by a relief bounce — is classic dead-cat bounce behavior in markets.
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Bitcoin’s price did rebound from lows near ~$60K up toward ~$70K-$75K, but this recovery happened within a broader sell-off context.
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Market analysts have called similar relief moves dead cat bounces unless price decisively breaks key resistance levels and flips them into support.
