Doge Is About To Run! Here’s Proof | Coinbase Delisting | Dogecoin News

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Welcome Back YouTube so in this video we’re going to address a couple things here primarily uh we’re going to pick up where we left off in the last video which is I was giving out the cues for a potential run here in Dogecoin as we’re

Getting this set up about a week ago and so we are very close now to that setup fulfilling itself even the Bowl here that we are seeing which is kind of where why we’re getting the rejections where we’re getting them right now um this is PR much us filling uh you have

The bombing out here then you’ll have the retest which is where we’re at roughly right now we’re retesting to go on the next like Ascension we’ve had some rejections here off of the high 97s and I know we briefly broke above um nine uh today so far um right now we

Haven’t been able to hold but we’re still doing well here we’re still holding above the 72 and that’s kind of what I’m leading up to this is what we talking about in the last video is when we have this crossing of the 14 and the 72 typically that is a very bullish

Indicator um as a matter of fact the last time we had the 14 cross the 72 uh we were at what is this here six cent we had the run all the way up to I want to say 11 uh well roughly 11 Cent 106 that was the last time we had this

Cross here but the Golden Cross at least to the um to the uh the upside and we had the cross here um which would be known as the death cross back here in early January and we did not see a huge sell off we’re able to bottom out um around

We got some rejections the mid sevs and then recover relatively quickly so this is a very good sign here because we didn’t give up the gains that we got from U the last movement and this is positioning us to potentially see the next run of this leg up so the the

Biggest Catalyst here we have some minor ones here um as we’re charting this we’ll go over some of the minor ones but the major ones as far as for the uh the retail test of going to the higher high it’s obviously going to be around the 96

And up here around the 106 so pretty much that Penny range there is going to be um The Catalyst here for us going up to some of those higher levels so if we take a look we’ll go back to there we go so I’ll go back here and

Um I’ll put a fib back on here and this is going to coincide here as far as from breaking out of this Zone which is kind of where we been Consolidated at so pretty wide Zone it’s not as narrow as one of the ones down here but ultimately

This has been the this Zone here has been our I want say like our bottom but our consolidation zone right and it aligns perfectly I want to show it to you without fed but it aligns perfectly with where we’re getting the rejections from and so that 94 to 96 is going to be

Where we’re looking to retest to break out here and uh go into the next Zone here next Zone if we fulfill it will take us to 11 Cent this is what I was saying um this next run could put us in trajectory for um us having heading toward 12 cent so

Everything is looking uh good in that retrospect um we have I know some people are comparing it to BTC and I will take a quick glance here at that but I wanted to show you the happing is coming up that’s a different Catalyst that’s propelling U BTC after this happing the

BTC is going to be more rare than gold um the the block rewards are going down so this is why you have this cross here um this the 14 and the 72 and you have like this run to Heaven here so that’s a completely different Catalyst that’s

Driving uh BTC and BTC especially the next few happenings is just going to be more um astronomical just because of the rewards are being chopped down so much so um that’s the the where you’ve been able to kind of Trace BTC and end do with the last few runs it’s going to

Be a little different going forward here just because of the scarcity of the BT rewards that are coming out so um just going to keep that in mind when you’re doing your comparisons that say that okay not necess saying the market has changed but the the relationship between

Them is going to be it’s going to be a different uh widening So based off of what you’ve been able to kind of track over like the last eight years or so if you’re looking at uh charts in history so let me take a look here before I address

Coinbase and let’s take a look here and see if Shorts are responding nope uh shorts have been uh off the face not say off the face of the Earth but they’re pretty flat here so no significant increase from them I’m sure once we have a confirmed breakout we’ll kind of go from

There like right now we’re at 863 so this is the green candle forming here i’ see another 24 to 48 hours we’ll have confirmation of the uh the Golden Cross here and we’ll fill this bowl you’ll see the Bowl here between these these candles and the retested around like

918 now to like 96 here to the higher levels and you’ll even see the Bowl here represented in the 14 days that’s this yellow line here and the 72 is obviously the orange line so this is what I’m was talking about Crossing um up to the up

Range not not down but um yeah so this is pretty much positioning us to have that next run so I am really enthused about that and to see how we’re going to feir against these retests and this is and the best thing I like about this movement and even um not consolidating

At a lower going to like lower lows but um this setup here potentially going to like a higher high is because this is without a lot of the major Catalyst or the hype or Elon pushing it this is more so just a lot of Natural Market reaction

Is going to happening so that is very um good I believe for the uh the longevity of the coin so want to talk about uh coinbase here and the delisting um before I switch screens here so I I made a post maybe about 30 minutes ago I was

Talking about it on uh X and I was saying that the differences between the stock market and the crypto Market are shrinking and I believe that is the case um this just because if you look at what the community ultimately wants if you’re talking about decentralization or uh

Having money uh you know scare more uh scarce than gold for Bitcoin everybody’s coming to the market for different reasons but the on the institutional side the reasons are always the same and that is to make money that is to turn a profit so something presents a challenge

To them where it is uh what they would would deem is not worth a headache or if it’s not uh you know if they can make money other ways without exerting that much effort they’ll typically go that direction and that’s kind of what I believe is happening with coinbase

Because a lot of the reasons that people are in crypto just one the reasons why I say uh make sure you you you know transfer your withdraw your your crypto out there’s no reason to have it on the exchange uh and I think this is kind of happening with um Doge and BTC

Specifically I’m going to switch screens here one sec because I I believe this is one of the reasons why it was kind of easy for them to um make this decision all right going over to Twitter here now to Misha bo uh so what we’ve in the community

Especially with Doge and crypto um especially I know I’ve been doing on my channel here for the last few years I’ve been uh pushing as far as we owning your own wallet removing your coins and I believe that they take into comparison the amount of coins that’s purchased on

Their website compared to the amount of coins that are not being held on their website but are being transferred to their own wallets they’re saying hey a lot of these purchases that we’re seeing here are not generating the transactional value they’re not keeping them on the site in proportions to uh

Where we you know where you can make additional revenue from them whether that be lending for shorts stuff like that so they’re just buying the coins moving the coins and then so pretty much a lot of these transactions are like one-time deals and if you add on the

Complexity of saying that okay well this is this presenting some additional challenges to us they’re saying okay well the profit isn’t there like it used to be so I believe that kind of led to a a quick decision to be able to kind of get rid of um these coins here to get

Them off of the site I think Mish agrees somewhat um he posted this yesterday actually so I’m going to read this so you kind of get an idea and I actually I’ve read this prior so I do agree with this um as well so we’re somewhat

Similar on on the same page uh coinbase payments let put his handle here coinbase payments no longer support native Bitcoin Dogecoin Litecoin payments uh because it was too challenging without Smart contracts only usually a coinbase account will be able to pay using utxo based coins coinbase payments and coinbase payment Gateway

Which Merchants could integrate into their stores this is the same company who built their reputation on top of Bitcoin and its promises very important here this year I wish you could just highlight that very true very important U as I said countless time exchanges are not your friends never rally behind

Folks like Brian Armstrong or other exchange CEOs they are just businessmen without interest for the cryptocurrencies but only for profit and power over the market facts they cannot be advocates for the most important Promises of the tech which are decentralization permissionless and privacy facts if you have to use

Exchanges for trading then withdraw if you are a merchant interested in crypto for long-term benefits it can provide your customers use third party tools not built by these centralized parties I agree this is here by Lauren ding um this is a a part of a thread here so you

Can watch I mean uh click on this and go to it I’ll just read this excert here because this is kind of like the Highlight um delivering these same capabilities of the Bitcoin blockchain without Smart contracts and stable coin was challenging and we therefore made the difficult decision to remove native

Bitcoin and other utxo support so um that is pretty much where um this this think coming were taking um these coins off of uh coinbase and again I believe that it has to be a profit like and I think that people I kind of believe what

Misha Bo was already saying as SPS with coins coming off of these exchanges I believe that was already happening to a degree where it wasn’t profitable because let’s be honest here if they were making a killing if this was 2020 2021 and people were just buying coins

And selling them um I know every other day if the average turnaround time was 48 hours and they were making an absolute Fortune off of transactions this would not be happening but you know the Market’s kind of calmed down people have learned a lot they’re they’re uh either buying and holding or they’re

Buying and withdrawing from the exchanges that’s not in the best interest of the exchange so this is U kind of like leading to that especially if you add additional uh trouble on there like I was saying to make it a little bit more difficult it’s like okay

Well we’re not we’re not seeing the numbers here let’s keep mostly some highly volatile uh coins on here where a lot of trading is going on so we can make so we can stack up those transaction fees and turn a profit that’s you know my humble opinion what’s

Going on here behind the scenes so you guys can let me know what you think in the comment section um I you know there is a few the different wallets out there I still use Ledger I still uh like Ledger it still has a a wide variety of coins

That are available for um you know for that you can actually purchase and and use on there versus something like a I know translators out there as well and there’s a few others uh you know you have Doge quein wallet that’s fine especially if you are you know primarily

In Doge if you have other cryptos I would still in my opinion I still use sled so um I have a I’ll have a link for them in the description if you have not got one yet it’s very important that you do um I believe that uh going forward

We’re probably going to see um similar things happening especially with a lot of new cryptos coming out you already see a lot of C saying what’s going to be the new Doge of the next Bull Run the new Sheba the new uh PP you know all all

These new they saying what’s going to be the next one that’s going to run 100,000% so yeah just kind of keep that in mind here with these exchanges popping up I know we have that consolidation that we talked about but ultimately power control greed all that

Still going to be major factors into the market um and you have evidence of this farther with a lot of the big institutions coming into the market as well don’t think that just because they’re coming in and starting ETFs that they’re going to change their ways

Compared to what they do in the stock market no no no it do doesn’t matter of the market power greed control all of that still transfers it’s very fluid throughout all markets where there’s money to be made so keep that in mind um let me know you guys thoughts on

Coinbase uh the pending run that we have for for Doge coming up and I will see you guys in the next video and don’t forget um if you don’t have something like a ledger or doin wallet is free if you want something U like a ledger I’ll

Have a a link in the description section let me know your thoughts and concerns and I will see you guys in the next video sh