Cryptocurrency

This Is When Doge Will Run | Bull Run Is 18 Months | Patience | Dogecoin News



This Is When Doge Will Run | Bull Run Is 18 Months | Patience | Dogecoin News

Welcome Back YouTube uh I wanted to
discuss today the cycle at length here
because um I believe it’s very important
just to kind of relay that information
as to what time frames that people are
expecting like movements and now that
we’re past the the having period for for
Bitcoin I think that’s very important to
kind of consider that is the it’s not
that Bitcoin like has yesterday and now
everything’s taking off today it’s that
gradual uh increase and historically we
have um around a 18 month from the usend
to Peak to the flattening right 18
months right and uh obviously based off
history we know when the the typical run
is is happening and before get into the
video um I had a a very important
question to pop up on X yesterday um
matter of fact I’m going to see if I
can pull this up because I think it’s an
important
topic and I know that this can kind of
trickle over and discourage people if
you’re
not um if if you don’t understand as far
as for like the the Divergence between
Bitcoin and and Doge I’m going to switch
over
here okay so let
me and then I’ll just come back to the
charts sorry this is I had this thought
while after I hit record so this is a
little improv here um
okay so this is my X page so if you
haven’t yet yet please follow me uh
jrjr David Mitchell um but I I made this
post and I was saying that you know 15
cent holding Doge during the bull run
like and of course I have a an animation
here of Goku I’m powering up just just
kind of relaying the uh the the strength
of the 15 as it’s kind of been holding
uh do throughout the turbulence of this
of this Market here even we go below it
it bounces back up but uh David here had
a point here and I and I wanted to
address this U for everyone because I
think a lot of people might may feel
this way so he said when BTC was 67k two
weeks ago Doge was above 17 it’s
struggling to stay above 15 is not a
good sign I said it’s not good to
compare Doge to BTC in terms of price
action when Doge doesn’t budge it
historically not supposed to be doing
anything right now the fact that we are
over 100% from the bottom should be
considered a blessing so um let me
explain that so right now if you go back
and you look at 2020 and
2016 Doge historically should still be 6
Cent right now so the fact that we had a
lot of these coins run early the fact
that even Bitcoin set an alltime high
prior to the having I think that’s
foreshadowing the strength of this
movement and the volatility that we’re
going to have going forward I think that
where we end up um as a as a as a market
as a whole I think it’s going to shock a
lot of people I do believe that we’re
going to have ultimately probably around
a 10 trillion dollar market cap by uh
Peak by the end of Bull Run like I’ll
say Peak bull run right um and really I
think that when you are comparing it now
and you see Bitcoin doing these things
okay well Doge needs to go Doge needs to
go because there’s some relevancy um
with Doge and and Bitcoin and if you
take a look
at the charts here what I mean by
Divergence um well let me read the next
comment because and he said when BTC
goes down 3% and Doge goes down 10% and
then when BTC goes up 3% Doge just goes
up 3% yes it’s good to compare it when
Doge moves down with BTC and doesn’t
move up and so here’s my response to
that I said BTC had an individual
Catalyst now uh so which is the the
having people want to take positions uh
portfolio changes uh adjustments and
stuff like that but portfolios will
adjust to pour money into it match to
charts and you won’t see a Divergence
you can do this on coin market cap I
gave examples in my last few videos BTC
has always been able to affect the
market negatively because it’s the
preferred asset however if Doge received
the individual Catalyst like X payments
BTC wood at Skyrocket because it’s not
directly related hope this makes sense
perhaps I’ll do a spaces this week and
we can talk about it so what that means
is Bitcoin is running now and it’s
getting a lot of capital because of the
having this is Bitcoin is going to be
the market leader it’s fundamentally
gear
to suck up most of the liquidity in the
market that’s where institutions want to
be when I say percentages allocations U
so what what happens is you’ll see at
certain times of the market whether that
be uh whale selling uh macro events
you’ll see adjustments um companies uh
portfolios institutions whales whatever
they have certain percentages that they
allocated uh specifically to the top 10
because that’s where you’re going to see
the strongest uh overlap when it comes
to charting we’re going to take a look
get that in a moment so I can prove that
but um you’ll
see that the charts match up right so
there’s not a Divergence but you’re
going to see the percentages be
different that they go into the coins
even though it’s affecting the coins in
a similar way um what what that means is
if you say okay my portfolio is going to
be uh 60% Dogecoin I mean excuse me 60%
Bitcoin uh
10% ethereum 10% Doge 10% C a
10% sheep right and when you have those
allocations now obviously your portfolio
is more heavily weighted toward Bitcoin
and that’s because that’s your preferred
asset but if an opportunity comes up we
have a whale dip a macro event there’s a
major selloff you’re going to adjust
those portfolios so you’ll see a a
selloff in some of the other coins and
and you’ll see the percentage where
everything drops because they’ll
typically do that so they can get a
better deal and then Bitcoin will rise
but the other coins won’t rise with that
same percentage level even though
they’re charting the same pattern so we
call that typically like a squap and
they’re adjusting their position selling
off some of the other ones and
increasing their preferred asset hole
which is U Bitcoin and I’m going to show
you what that looks like on the chart
when I say Divergence sorry for all the
jumping around because this was not what
I had planned for this video but you
know that’s why over here right just
kind of came to me um so we are we talk
about Divergence and making sure that
we’re trending certain things so uh
Divergence would be the chart doing
something different right so if they’re
doing the allocation throughout the top
10 what we’re looking for similar
patterns right so right here on the
right side of the screen we’re looking
to say hey is this is there a Divergence
here there is not it’s charting the same
Bitcoin is charting the same as ethereum
we see very similar patterns we see it
with salana we see it with B&B right um
we’re going ignore the stable coins
obviously but we you see it with xrp
right you see we have the dip here it’s
matching up you see a even Doge here see
people don’t complain about when Doge
does when Doge uh actually has the
Divergence and it’s beneficial because
you’ll see that the pattern is very
similar we had the dip down here and
then we had a stronger uptick than xrp a
stronger uptick than B&B um a stronger
uptick than ethereum right right even
the candle like the candle we had a
Divergence there but because it was
positive nobody cares it’s like oh okay
it’s good only it’s only bad Divergence
when it um it goes down but overall
you’ll see that the coin typically as
long as they’re trending up and you see
a very similar pattern you’ll see even
here in cardano you’ll see something in
sheep sheep had a stronger Divergence to
the upside like Doge uh but still had
the dip it’s still matching up very
similar patterns here this means that
the institutions are still allocating
money into those assets retail isn’t um
as a coincidence doing the same thing
that institutions are they are adjusting
their portfolios and they’re they’re
carrying a lot of these coins here so um
that is a uh a healthy indicator for me
saying that hey they still believe that
these coins are the institutions one
their one job is to make money right
that is the sole purpose of a hedge fund
of a um a fund allocation whether that
be for ETFs futures um uh open options
all that kind of good stuff their their
sole fundamental purpose of being in
these coins is to make money so when you
see that these coins are training
together and have U that camaraderie it
means that they believe there’s upside
to that and you can find evidence of
that
even sorry about all the jumping around
but um I just want to kind of prove what
I’m seeing here you can find evidence of
that in Longs versus shorts you see see
it here 5 minute 72% long 27% 30 minutes
72% long 1 hour 71% long 28% short 4
hours 72 and uh one day
7227 right so it it’s not like there’s
no indicator whether that be the live
action and the candles the uh action
behind the scenes as far as so people
are taking for future dates um
Divergence in the chart nobody is
pricing in the top of bit uh do coin
right now nobody is uh is pricing in the
fact that it it it I mean nobody’s
pricing in that they believe that the
coin is going to go down in the near
future or go back to 6 C or something
like that it’s just simply not being
priced in they’re positioning themselves
for more and you know when you look at
this and you say yeah you can’t always
follow institutions and which is is true
nobody does nobody’s shooting 100% out
here but they don’t nobody loses money
on purpose right so if you’re betting
for something to go up and Institution
can certainly sway the market control
the market they believe that there is
money uh to be made so I’m going back to
this video
sorry I know I’ve been jumping around so
um so and kind of the double down on
that is saying that when you have like
an individual Catalyst like we’re saying
that Doge um had that endogen sheep for
example had that Divergence but they
were it was to the upside the moment um
is carried there because we have a
larger sector of retail holders that are
going to come in and they’re going to
buy at some of those lower levels like
especially around like 15 so you can
have some of that overshoot and having
an individual Catalyst like x uh will
dramatically affect the price of of of a
Dogecoin so we can go back even further
here and I can prove that individual
catalysts play a big part in coins and
it may not necessarily trickle over to
another one so a Bitcoin having is
obviously going to play a big role here
but we have this Spike here where we
went from 7 Cent um what this November
no that’s not the spike this is the
spike I thought that Spike looked a
little small this is the spike here
right we went from 6 Cent to around SE
uh 16 17 Cent right what is this candle
here this is the Elon purchasing Twitter
candle right um around4 40% increase
right so we we had obviously uh Traders
swing Traders shorts all that kind of
stuff jump in here but this was an
individual Catalyst does not pertain to
bitcoin does not pertain to ethereum but
an individual Catalyst can pump a coin
and cause Divergence and it be a lot
stronger than um the the other coin so
you can’t always say that okay it should
be directly related so this is what is
this uh
October let’s say 28th through November
1st right for do so you see this big
pump here right uh over 100% increase so
let’s go take a look at
Bitcoin and see if Bitcoin this was
2023 um see if Bitcoin had a
reason okay uh to do that October oh
what do you know look at this here
Bitcoin was flatlining here
uh between this time here so let’s go
ahead and zoom in so no major pumps here
at
all had
one no this was after the conclusion
here so this is on the fourth so this is
even after um the trade s off because we
Dogecoin started selling off like the 1
or the second so the
28th through the 1st which was that big
pump for Dogecoin Bitcoin was having red
days and not moving at all like we had a
some very slight movement here maybe a
few hundred bucks on the day while
Dogecoin was up over 100% so why did
this not affect Bitcoin because it’s you
know it’s there’s no crossover there
it’s not a Bitcoin catalyst so I hope
that makes sense um for the people that
are on comparing those to BTC and saying
hey BTC is running out BT historically
Bitcoin is supposed to be the front
runner for crypto this is how it’s
supposed to go what we’re seeing right
now is is an anomaly it’s abnormal we
are typically Bitcoin is supposed to run
first after the having not set a new not
not set an all-time high prior to the
having Bitcoin runs first and then you
have altcoins and stuff like that and
then memes and like is typically how
that would go if you’re looking at the
historics here what we have right now is
a big Divergence based off what we’ve
seen historically where everything ran
early and um and now we’re we’re
technically just getting to the meat of
the bull run and we’re all looking like
okay what does this mean now how strong
is this move going to be are we going to
have a shorter bull market is it not
going to be the 18 months because we ran
early or is it going to be the full 18
months and we’re just going to blow off
the charts so these are all things that
are uh topics to be discussed here but
historically we have 18 months and uh
every everything is running early that’s
why I said in that post that you know
Doge being up still over 100% from its
bottom prior to the having holding it
before uh Bitcoin is even running is you
know just consider that a blessing based
off of History so I think that is kind
of something you should kind of consider
here and uh rule that in with patience
that this isn’t a overnight thing and
but the gains are still far better than
getting you know at 7even 8% 8 to 10% uh
in the stock market right on an annual
basis when you have something that went
up 130% and month or in in in the first
quarter of the year right so we have
expectations for this bull run and until
we get some Divergence here whether that
be and the uh options market and what we
see as far as for like short data what
we see uh if we see a Divergence and
capital allocation of funds something
like that until that happens then the
Bull Run is still on and we are just
getting started so with that said with
that being said I hope that provides
some insight here as far as for patients
the cycle of dose and what to expect
going forward um I know this is a little
different from the video I had planned
but I think it’s better right we
improvise and we went in there we really
got to uh some to discuss some topics
here that I believe are important and
relevant for uh for holders right now so
if you can if you have not but if you
found value in this video please
consider subscribing I’m going to try
and do provide enough value so that we
can get to 100,000 subscribers before
Bitcoin gets to 100,000 so yes I do
believe Bitcoin is going into six
figures well over 100,000 this bull run
but I’ll say that for another video but
if you can help with that I’ll app
greatly appreciate it leave a comment in
the comment section and I’ll see you
guys in the next video
[Music]
[Music]

#doge #dogecoinnewstoday
Twitter: @jrdavidmitchell

MooMoo: Get 15 free Stocks & 5.1% Interest https://j.moomoo.com/00fMbb

Nano X Crypto Hardware Wallet &
Ledger Nano S Crypto Hardware Wallet https://shop.ledger.com/?r=01f1d3f5672a

**The contents on this site are for informational and entertainment purposes only and does not constitute financial, accounting, or legal advice. … By using this site, you agree to hold me harmless from any ramifications, financial or otherwise, that occur to you as a result of acting on information found on this site.

If you found any value in this video, please like the video and consider being a part of the community as I push for 100k Subscribers by December 2023.

/ davidmitchell. .

This post contains affiliate links. If you use these links to buy something we may earn a commission. Thanks.

#doge #$1doge #dogecoinnewstoday $2Dollar Doge

25 Comments

  1. Patience = PAYtience. The next 18 months are loading. We will have 100k subscribers this year, If you found value in this video please consider subscribing. Help me get to 100k Subscribers before BTC gets to $100k

  2. Iโ€™m currently unemployed but Iโ€™m loaded my boys. So freaking excited to watch your video. Youโ€™re the only credible person I trust on crypto right now and Cathy Woods for innovative technology stocks. Letโ€™s go boys donโ€™t get greedy and pray we make it out!

  3. Iโ€™m just sitting back , watching the pot simmer, enjoying-it, in no hurry whatsoever, people used to wait 50 years for a stock to mature ๐Ÿ˜‚๐Ÿ˜‚ I can do 5 years waiting knowing whatโ€™s coming๐Ÿ‘

  4. This gumbo is just now simmering ,, the rolling boil is what some want, but I do not. I would prefer a stair step with a floor as opposed to a rocket that sputters out and falls into the sea

  5. You can close your eyes and pick anything on Coinbase besides this garbage and youโ€™ll actually be making some profits. Thatโ€™s the bottom line and more truth than youโ€™ll get from any YouTube video. Besides pedaphiles use doge to buy little kids. Thatโ€™s true also. I read it in the bezinga news section on Robinhood

Write A Comment

Share via