In a search for "bounce" with the Santiment social search tool we see the word-cloud shows an association with the words "dead" and "cat". We even see "short".

It is also interesting to note how the use of the work "bounce" drops quickly and then stays very much down - same for "btc" as see here:

And see in the word-cloud how "btc" is associated with "sold" just as much as with "bought".

So, in conclusion, maybe it will not be a dead cat bounce. It's a tough call though. We will see.