Cryptocurrency as an asset class is minuscule - a drop in the bucket. A $1T+ market cap would still be undervalued for crypto to have any meaningful impact as a store of value/currency. The end goal for Dogecoin as an investment is a binary outcome. It goes to 0 or you 10x your investment. There is no in-between. It's really that easy. If you don't believe me...
It would be an interesting set up for Bitcoin to go back below and retest the lows of this year before going higher to $37000-$38000 which is a key resistance point. Will be looking for shorts in that area. Moreover, I will be setting bids at the $24000 price range.
I present to you the legendary Jesse Lauriston Livermore's Speculative Chart Bitcoin Edition! Do not underestimate the Accumulation Cylinder with Widening Mouth. But you wouldn't believe it, would you?
The target is $111,111 United States Dollars per Bitcoin. There is absolutely nothing you can do about it since we have bottomed out. Buy here, thank me later. No refunds.
It's time for free money. Enough f*ckery. Everyone is sh*t talking. Blaming Elon Musk and people who listen to them. Now is the time to LONG DOGE.
I have drawn out the significant levels that I am keeping a close look at. Up to now, it seems like the first support level has held beautifully. I still do believe that we are in a super-cycle so it is probable that we will witness all time highs once again!
Lockdowns, elections, rona, fear, uncertainty; all gives me the feelings of March 13th. See you at 7,800. Invalidation when holds above 12,000.
(I would appreciate it if you dropped a like if you agree with my analysis after reading it) Quite self-explanatory by looking at this chart. I have pointed out some key levels to look out for on the weekly chart for Bitcoin. If Bitcoin breaks and holds above $10,500, then we have been accumulating for a massive bull run yet to come. Although, if Bitcoin...
Seeing a possible cup & handle formation on Gold. Volume decreased while forming the bottom of the cup and a spike increase while testing the highs. Buy zone at 1440-1540. Take profit 1 at highs and 2 at 2150 USD.
Reminds me of the CRB Commodity Index plummeting to ATLs since 1972.