It looks like it’s “holding better” because it’s down 80%+ from the 2024 high which didn’t even get to 70% of the 2021 high. Yeah bitcoin lost 50% from the high. But that was from all time high. I think this is what gets lost on a lot of alt coin owners, especially Dogecoin owners. We have a lot less room to fall. Bitcoin is slightly under the 2021 high, Dogecoin is at about 12% of the 2021 high. Come on man you gotta think.
Tvekelectric2 on
Yes honestly some of what you are seeing is bitcoin invertors switching to alts, and that going to cause volatility, even though they are switching and that will push doge to new highs in the next few months the ultra short term is this retest down trend. It is what it is, try and buy and if you can get your tax money quick enough do that and then invest it into doge.
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It looks like it’s “holding better” because it’s down 80%+ from the 2024 high which didn’t even get to 70% of the 2021 high. Yeah bitcoin lost 50% from the high. But that was from all time high. I think this is what gets lost on a lot of alt coin owners, especially Dogecoin owners. We have a lot less room to fall. Bitcoin is slightly under the 2021 high, Dogecoin is at about 12% of the 2021 high. Come on man you gotta think.
Yes honestly some of what you are seeing is bitcoin invertors switching to alts, and that going to cause volatility, even though they are switching and that will push doge to new highs in the next few months the ultra short term is this retest down trend. It is what it is, try and buy and if you can get your tax money quick enough do that and then invest it into doge.