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RE: Charlie Shrems Crypto Slang Glossary - Let's Create a Steem Glossary! Paying $1 SBD Per Entry

in #steem8 years ago

Dead cat bounce: A bounce in price of a commodity or currency which usually happens in an extremely oversold condition not reflective of a fundamental change in the asset, but more because too many traders are on one side of a trade causing a bounce in price.