01-25-2022, 10:36 PM
Everyone is talking about a "dead cat bounce" but do you know why it is called that?
<!-- SC_OFF --><div class="md"><p>So we keep hearing people arguing about if this uptrend is the beginning of a second leg bull run or that this uptrend is just a "dead cat bounce".</p> <p>That made me wonder why it is called "dead cat bounce". Is it a dead bounce from a living cat? Is it because the graph looks like a dead cat? Is it because a cat just like a chicken can bounce around for a little bit even when dead?</p> <p>So I Googles it, and now you don't have to waste 30 seconds of graph staring or reddit scrolling, to do it yourself.</p> <p>What I found is that it is called a "dead cat bounce" because of the old saying: "even a dead cat will bounce if you drop it from high enough".</p> <p>Seems pretty grim to me, but that's why it is called what it's called.</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/Nediamara"> /u/Nediamara </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/scdo7y/everyone_is_talking_about_a_dead_cat_bounce_but/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/scdo7y/everyone_is_talking_about_a_dead_cat_bounce_but/">[comments]</a></span>Kind Regards R
<!-- SC_OFF --><div class="md"><p>So we keep hearing people arguing about if this uptrend is the beginning of a second leg bull run or that this uptrend is just a "dead cat bounce".</p> <p>That made me wonder why it is called "dead cat bounce". Is it a dead bounce from a living cat? Is it because the graph looks like a dead cat? Is it because a cat just like a chicken can bounce around for a little bit even when dead?</p> <p>So I Googles it, and now you don't have to waste 30 seconds of graph staring or reddit scrolling, to do it yourself.</p> <p>What I found is that it is called a "dead cat bounce" because of the old saying: "even a dead cat will bounce if you drop it from high enough".</p> <p>Seems pretty grim to me, but that's why it is called what it's called.</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/Nediamara"> /u/Nediamara </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/scdo7y/everyone_is_talking_about_a_dead_cat_bounce_but/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/scdo7y/everyone_is_talking_about_a_dead_cat_bounce_but/">[comments]</a></span>Kind Regards R