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Hey guys welcome back to another video I hope you guys are having a great day a lot of Dogecoin holders are on the fence right now to buy more sell or hold well keep in mind the fear in the market is really strong especially on the 4th of

January when we did see the Bitcoin ETF news come out saying they might need a little bit of paperwork the whole Market took a pullback including Dogecoin but since that day including Bitcoin have made a recovery on the other end Doge has not been able to show a reversal and

Keeps falling back to its previous support close to 8 cents now there’s a lot to cover today but before we get into all that if you guys are here for the first time you want to stay up to date with everything to do with Dogecoin scroll down tap the red subscribe button

While there slap a like on the video it just up you to Reg with them push the video to more people more people can be up to date with what is happening with the Doge Market they decide to buy into it starts backing up all of us make a

Lot of profit now first of all I want to show you something important Doge father on the Move 24 million transfer Sparks the speculation is the Bull Run Brewing well keep in mind this is a very big transfer that was just done on fourth of January now the reason I wanted to

Include this is this gives you a little bit of speculation and also an understanding of what actually happened on 4th of January when the prize did take a strong pullback keep in mind Bitcoin was able to recover but Dogecoin was not able to because there’s a lot of

Whales that decided to move their money into a centralized exchange and decided to sell their Doge which caused the market to keep dipping rather than being able to recover and make it back to the 9 Cent Market but on the other end litcoin and Dogecoin are the top bit pay

Ranking now what they’re talking about is the usage for Bitcoin and Dogecoin I mean litcoin and Dogecoin has been insanity this figures does not only sentiment its position as Preferred Choice for consumers but also marks a significant role and you guys can see now users can spend litcoin Dogecoin and

Other with bit pay but bit pay notices that Dogecoin and litcoin are still being used as quite frequently now if we talk about the trading volume you guys can see it is down quite significantly rather than being in the top 10 or the top 15 right now it is sitting on the

19th most traded crypto in the world now the market cap is still doing quite well because if you guys pay attention it is not falling under the 10th slot anytime soon the only reason it even made it to the 10 slot is because avac had such a

Big booming run forward but Tron is not taking over Doge anytime soon now if we pay attention to the support Zone where it is right now you guys can see previously this support has been tested quite often and if we even go into a one- day chart it will give you a more

Perspective and you guys can see that 8 cent can actually be the next Zone where it will be able to use the support go into a consolidation and then be able to Sky when Bitcoin does decide to explode keep in mind something important which a lot of people are missing the narrative

Keep in mind in the next 2 to 3 days we will be getting some news around the ETF being released of Bitcoin and that’s probably going to push the price down even more so if you ask me now this is not Financial advice but personally I would not put money into Dogecoin right

Now rather I would want to wait out the January and then I would go full h and buy as much as I possibly can that’s just my personal take on it you do not have to listen to me do your own research but you guys can see that’s

Just my take because I feel like when Bitcoin does take a pullback I feel like definitely bit Dogecoin will be testing close to 6 cents before it will be able to make a strong recovery I’m not saying it’s not making a recovery keep in mind

On the 12th of January we do have the SpaceX launch event and that’s going to be called Doge one so hey that could be one of the driving factors of just pushing the price up and that could also be the news that a lot of people are

Waiting for for the Dogecoin prize and buy into it so there’s 5 days and then there’s also the 15 days to wait out the January but again make your own decision now if we talk about the big whales you guys can see there are some huge whales

That are buying into Dogecoin right now you can see that this whale has only purchased $22 Million worth of Dogecoin on the 12th of December but since then they have done nothing all they have done and decided to Simply wait it out they feel like that Dogecoin is going to

Be doing some big numbers that you will not be expecting and on the other end you can see that the there’s a lot of whales which are slowly starting to buy into it as well because if you decide to just buy your Dogecoin well you know that if you hold longterm it is

Obviously going to be positive again I’m not telling you to not buy if you decide to buy well just be ready to hold hold for a longer period of time and longer period of time could mean until the Bitcoin halfing event which will be happening close to April or May now if

We talk about the Twitter Impressions while Dogecoin is still trending you guys can see right there and Dogecoin has been hitting some big news everywhere everyone wants to talk about Dogecoin and seeing that is still trending shows there is a lot of interest there but at this point A lot

Of people are a little scared now keep in mind our boy Bill arkman who the CEO of square Capital Management while he’s trying to show interest with collaborating with Elon Musk if they do collaborate while bill is very good with his Investments and if elon’s able to

Convince him to put a lot of money into Dogecoin well you guys know that Doge prize will be going up this is just a speculation that I have seen on Twitter and I thought it would be very important to mention it now on the other end Doge

Wales move 1 billion does Doge she been bong everything is in the dip keep in mind right now the meme season is still there but it’s just a little bit slowed down so it’s just better to be a little bit more patient that’s my personal

Opinion on it and take on it just the meme season when Bon made it to a billion doll market cap everyone was going hundies but right now you can see it’s Fallen well below the billion dollar market cap and that’s why Dogecoin has not taken such a strong

Comeback and I personally feel like there’s definitely more room to grow and if you even pay attention to Sheba it’s also not being able to recover very quickly so just shows that right now the meme tokens are not able to recover as quickly and you guys can see Bonk is

Sitting close to 700 million and let’s just say we’re not very far as Bitcoin halfing event could be happening just under 100 days Elon Musk is metaverse if Bill would be a game-changing move as the Dogecoin founder decides to tweet that out and as you guys can see our boy

Billy he just said if this happens this is going to be a big deal Dogecoin volume explodes quite significantly but the prize is not able to catch onto it so how do we get the price to catch on well be a little patient at the same

Time just make sure that you do manage your risk because if the market decides to take a pullback you don’t want to be in the ditch you want to make sure you still have some money that you can put at the lower lows it is going to be

Making now Dogecoin hovers around yearly lows against Bitcoin will Bulls find a way to revive the Dogecoin price and the answer is yes we just need to wait for a strong news drop around Dogecoin and the pricee will be exploding in no time now Dogecoin Wills are talking about the

Doge one moon mission does Dogecoin equal opportunities says Traders well personally I just feel like right now being on the sideline would be a very good option but if you decide to hold on to Dogecoin that’s still a very good option personally I feel like as long as

You hold there’s no such thing as you missing out and other than that I hope you guys did enjoy today’s video if you did drop a like on it if you’re new to the channel want to stay up today with everything subscribe and I’ll see you soon