>i-its not a dead cat bounce
>r-right guys ?!
If it is the cat is made out of fucking rubber
It absolutely is. People are not prepared for tonight.
>>3356304
You are correct
It will drop below 4k before going back above 5k. Don't panic.
Also the order book on gdax right now kinda looks like 2 tradebots competing.
I absolutely love all the desperate people here who shorted and lost money.
>>3357371
Correction. There's definitely an algo on the bid side testing the waters and on the ask side the algo is either less agressive or it's owners realized what's happening and turned it off to be sure.