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doomgrin t1_j6iglxt wrote

Reply to comment by aussie_nub in TIFU by buying too much crypto by Colinian18

It’s a dead cat bounce

The thing about dropping 75% from all time high and putting everyone under water is that the 30% increase over 2 months is insignificant when it needs to go 300% to get back to ATH

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aussie_nub t1_j6k6u7v wrote

Maybe so. I'm literally just pointing out the fact that it has jumped.

It's also extremely well known that it is manipulated... a lot. I would not be surprised in the slightest if it went back up out of nowhere. The rest of the economy might tank it though.

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