Proof And Evidence For Why Doge Can Absolutely Reach ~$28
Updated
To preface this, I will delve into how much money is currently in the world: there is currently approximately $40 trillion in circulation, with this including all the physical money and money deposited into savings and checking accounts. When you take into account more "extensive" money there is over $90 trillion. In terms of investments, derivatives, and cryptocurrencies the value exceeds $1.3 quadrillion. According to the CIA, the gross world product tallies up to $127.8 trillion in terms of purchasing power parity, and this was three years ago. The stock market is valued at $95 trillion, and investments into commercial real estate values $30 trillion. In conclusion, there is absolutely more than enough money currently available to support Doge rising to at least $28, as the market cap would be a measly ~$4 trillion. The only unidentifiable factor here is the human psyche, meaning will it choose to flow the money needed into Doge? I believe it is very possible. Also, BTC is about to 5x to 10x its current value, which, given how much more mainstream crypto has become recently, is going to usher in the greatest period of FOMO in market history. The amount of money that is about to flow into and float around within the crypto market, and the amount that will be made from said investments, is absolutely going to blow the crypto market into the stratosphere. We are currently sitting within a societal range where hundreds of billions to a few trillion dollars seems as the maximal norm for monetary value, but I believe this next crypto run, and the next 10-15 years, is going to change this very rapidly. The foreseeable future for crypto and the blockchain, assuming the world isn't ending, is going to usher society into a golden age of economy and technology.
Link to BLX (BTC) analysis:
Link to second BTC analysis:
Link to total crypto market cap analysis:
Within the first link what I want to note is the following: BTC follows three strict phases. The beginning symmetrical triangle is the first phase; the second phase is the super-cycle after the symmetrical triangle, and before the bear run of phase three, which phase three is the falling bullish triangle—beginning after the super-cycle—and the subsequent bull run after the falling triangle ends phase three, ultimately looping back around to begin phase one again. You can almost think of BTC as a series of decaying bull flags or triangles. The bull run of phase three is the flagpole for phase one, and the super-cycle is the flagpole for phase three. I have also noted decaying returns with a factor of 1/4; BTC has had three cycles, with us currently being halfway through the third; the first cycle landed us 4 million percent, the second 1 million percent, and the third should be around 250k percent, which will land us around $7 to $10 million per BTC by 2030. The second link is essentially the same analysis as the first, but done differently and within a symmetrical channel. This one also identifies the three phases within a cycle more clearly. The blue is the first phase, the yellow is the second phase (super-cycle), and the green is the third phase. The originating green curve encompasses the entirety of BTC's first cycle, as it essentially went straight up, and acts as the flagpole for phase one of cycle two. As for the last link, this will show analysis of the crypto market as a whole, and it being slated for a run to ~$22 trillion after this next cycle; the target area is encompassed by a pink ellipse. Within all three of these analyses, I have adjusted them to reach the maximal values as to encompass all possible likelihood of outcome, whether it lands lower than the maximal or at so.
With regards to the Doge analysis: I have observed that Doge also follows in suit with the same cycle-phasing of BTC. Note that the first fib extension, which is phase one, lands $28 right at the 4.618. Notice that the second fib extension, which is the bear run of phase three, lands $28 right in between the 3.618 and 4 fib; this lines up with the third fib extension, which is the beginning of the bull run for phase three. The current phase-three bull run has a total of four fib extensions—the last four—with the first and third reaching between the 3.618 and the 4 fib, and the second reaching the 3.272 fib. I have Doge within a fractal with respect to BTC during 2010-2011, which has followed quite nicely for over a year; here is the link to the BTC chart I found, which sparked this extrapolative observational hypothesis: bitcoin.zorinaq.com/price/. The vertical white lines are fib time extensions. In conclusion, the data seems to heavily indicate this as a reasonable and valid probability. We must all remember how the OG Bitcoiners were labeled as crazy for their hope and conviction in BTC rising to where it is now, and as the millennia old adage from the Meditations of Marcus Aurelius goes: “All things are ever the same, familiar in experience, ephemeral in time, foul in their material; all is just the same now as it was in the days of those whom we have consigned to the dust.” History is bound to repeat itself!
Link to BLX (BTC) analysis:
Link to second BTC analysis:
Link to total crypto market cap analysis:
Within the first link what I want to note is the following: BTC follows three strict phases. The beginning symmetrical triangle is the first phase; the second phase is the super-cycle after the symmetrical triangle, and before the bear run of phase three, which phase three is the falling bullish triangle—beginning after the super-cycle—and the subsequent bull run after the falling triangle ends phase three, ultimately looping back around to begin phase one again. You can almost think of BTC as a series of decaying bull flags or triangles. The bull run of phase three is the flagpole for phase one, and the super-cycle is the flagpole for phase three. I have also noted decaying returns with a factor of 1/4; BTC has had three cycles, with us currently being halfway through the third; the first cycle landed us 4 million percent, the second 1 million percent, and the third should be around 250k percent, which will land us around $7 to $10 million per BTC by 2030. The second link is essentially the same analysis as the first, but done differently and within a symmetrical channel. This one also identifies the three phases within a cycle more clearly. The blue is the first phase, the yellow is the second phase (super-cycle), and the green is the third phase. The originating green curve encompasses the entirety of BTC's first cycle, as it essentially went straight up, and acts as the flagpole for phase one of cycle two. As for the last link, this will show analysis of the crypto market as a whole, and it being slated for a run to ~$22 trillion after this next cycle; the target area is encompassed by a pink ellipse. Within all three of these analyses, I have adjusted them to reach the maximal values as to encompass all possible likelihood of outcome, whether it lands lower than the maximal or at so.
With regards to the Doge analysis: I have observed that Doge also follows in suit with the same cycle-phasing of BTC. Note that the first fib extension, which is phase one, lands $28 right at the 4.618. Notice that the second fib extension, which is the bear run of phase three, lands $28 right in between the 3.618 and 4 fib; this lines up with the third fib extension, which is the beginning of the bull run for phase three. The current phase-three bull run has a total of four fib extensions—the last four—with the first and third reaching between the 3.618 and the 4 fib, and the second reaching the 3.272 fib. I have Doge within a fractal with respect to BTC during 2010-2011, which has followed quite nicely for over a year; here is the link to the BTC chart I found, which sparked this extrapolative observational hypothesis: bitcoin.zorinaq.com/price/. The vertical white lines are fib time extensions. In conclusion, the data seems to heavily indicate this as a reasonable and valid probability. We must all remember how the OG Bitcoiners were labeled as crazy for their hope and conviction in BTC rising to where it is now, and as the millennia old adage from the Meditations of Marcus Aurelius goes: “All things are ever the same, familiar in experience, ephemeral in time, foul in their material; all is just the same now as it was in the days of those whom we have consigned to the dust.” History is bound to repeat itself!
Note
Also, lets keep things constructive... we are all here trying to better our lives and reach financial freedom.Note
I also make room for up to ~$50, but that’s if life decides to just really throw us a curveball…Note
The BTC analysis done in this post assumed a maximum high of 500k for BTC's coming run, which leads to $7 t0 $10 million, whereas if the pace stays as it has the value would be more around the $1 million range.
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