Cryptocurrency

*NEW* CAN DESTROY DOGECOIN PRICE COMPLETELY!! *Binance* (IMPORT Pattern!) Elon Musk, US Biden Rules!



*NEW* CAN DESTROY DOGECOIN PRICE COMPLETELY!! *Binance* (IMPORT Pattern!) Elon Musk, US Biden Rules!

hey guys welcome back to another video I
hope you guys are having a great day
today the market is down quite
significantly not just Dogecoin but the
whole Market was actually taking a
really strong dump and keep in mind this
might be the final crash that we will be
receiving before the market starts
pulling back up doge is sitting close to
15 cents and if you pay attention to the
trading volume it is sitting close to
1.3 billion now Joe Biden proposes a
historic
44% capital gain tax and this will be
including crypto now Tesla did not
reveal how much Dogecoin they are
holding on to but if you do some
calculations it’s between 32 million to
4 billion and analysts predict that
Dogecoin will outperform Bitcoin in this
cycle now before we get into all of this
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
this slap a like on the video just have
the YouTube Alor push the video to more
people more people see the positive side
of do decide to buy into it it starts
backing up all of us make a lot of
profit keep in mind we need to increase
the social engagement and the best way
to do so is simply make sure more people
are talking about it wh always decide to
buy into it now today when the spike was
going down you guys can see at one point
we did get close to 15 cents and on the
1 hour chart we did actually use the
support which was close to 15 cents and
we were able to rebound just slightly
and maybe we will be going into a slight
consolidation Zone before we are able to
see any sort of move forward right now
the market is in a really crucial State
what I mean by that is yesterday Tesla’s
earnings actually came out in positive
and pushed up the stock price by 12% now
that did not have a positive impact on
Dogecoin because a lot of people were
thinking that the Tesla’s earnings
report will have some sort of news
relating to Dogecoin which will have a
positive impact but you guys can see
over here they did not actually announce
that they how much Dogecoin they have
the only thing they did say is they did
not sell any Dogecoin but if you do the
calculations it’s really hard to get the
exact number but it should be somewhere
between 32 million and 4 billion now
that’s a big number difference but what
is a bigger difference is this news
dropping president binance has proposed
a
44% capital gains tax this is the
highest tax ation figures in US history
this High tax May favor
cryptocurrencies what I mean by that is
per forbid this is a proposal added to
the budget and this will be happening in
the 2025 if he decides to return after
winning the next election and this could
have an impact on the crypto market and
what kind of crypto will it be impacting
well simple terms the US IRS revealed an
early draft of the new and the form is
aimed to facilitate and simplify the tax
liabilities linked to crypto
transactions it takes a record of
taxable gains or losses and contain some
sections to mention specific token codes
wallet address and other transaction
information many investors are likely to
find form easy to fill considering that
the tax experts took out the time to
explain appropriate approach to do so so
you guys can see this is going to be
having a little bit of positive and
negative impact on crypto because if you
think of it in a positive way well let’s
just say more people will be you know
seeing crypto as more legitimate but if
you see the negative side a lot of
people will have to pay a big amount of
tax if they do decide to make any money
in crypto on the other end there are
some analysts which are starting to show
that dogecoins momentum is building
really strong and the rate at which it’s
been held down and it’s consolidating
it’s going to be breaking out of this
golden product or golden pocket chart
very very soon now before the Bitcoin
having event in March the cryptocurrency
experienced a big jump at a oldtime to
73k and around that same time Doge was
not able to make it to its oldtime high
so even if it decides to make it to its
alltime high and just double that would
already be close to 10x from where we
are sitting right now so that should
give you perspective why Doge has so
much more potential to do bigger numbers
compared to to something like Bitcoin
now just in Black Rock and facility now
hold nearly 400,000 Bitcoin worth over
27 billion for their spot Bitcoin ETF
now that should tell you a lot of things
because that means they are going to be
holding for the long term and Bitcoin
still has so much money that will be
flowing into the market it’s going to be
making huge differences now if we talk
about the open interest it’s sitting at
close to
760 million it’s about 5% down compared
to what it was yesterday and especially
if we talk about the liquidations due to
the price dropping so significantly
liquidations for the long has been close
to 4 million and in total 5 million in
just the last 24 hours now long to short
ratio is now heavily in favor of the
long with 76% for the long Traders and
only 23% for the short Traders now
breaking sosu Vol co-founder arrested in
alleged 100 million money laundering
scheme so these are the type of things
which are coming out right now while the
market is in a crucial State these kinds
of information coming out is going to
obviously impact the market in a
negative way and that’s exactly what’s
happened today you guys can see that the
market is down quite significantly but
personally I feel like Doge being able
to hold close to 1.5 billion in trading
volume is quite good it has actually
exceeded xrp and therefore it is still
holding on to its market cap much higher
compared to ton coin now vula
accelerates the process of accepting
crypto for oil export as us reinforces
oil sanctions it now this is really big
because you guys know the oil industry
around the world is quite big and having
Dogecoin as a form of payment for the
oil industry would have a huge impact
and venin suula which is actually a
really big part I mean you guys can see
over here it’s a big country they do a
lot of oil exports and imports and if
they’re able to you know just have this
work properly let’s just say the oil
exports are going to be making a huge
difference to the crypto but are they
going to be accepting Dogecoin that will
be the big question Dogecoin price
prediction here’s what Doge next buy
opportunity is I mean Dogecoin has two
key liquidity Pockets nearby that could
decide its next trend lack of social
media enthusiasm need know to be course
for concern for the investors right now
because the investors are quite calm and
they are holding for the long term now
why is Tesla report its Bitcoin below
the market value at 184 million why does
Tesla undervalue it while in simple
terms remains unchanged crypto assets
are undervalued due to accounting
practices and Dogecoin Holdings are
unknown but as I mentioned there is a
certain amount of money that you should
be able to figure out from but overall
they’re still holding on to quite a
significant amount of Dogecoin now
Dogecoin set for a potential surge as it
holds above the bullish Theses I mean
personally I feel like yes it’s still
staying in that consolidation barrier if
we able to just stay in the zone then we
will be able to you know consolidate for
a little bit and then see another
explosive move forward personally I feel
like do still has so much potential
short to left we just need to wait until
April comes to an end other than that I
hope you guys enjoy today’s video if you
did drop a like on if you’re new to the
channel want to step today with
everything subscribe and I’ll see you
soon

In This Video This *UPDATE* HUGE DOGECOIN EXPLOSION IS COMING! (MUST WATCH) Doge, Elon Musk Push COINBASE & ROBINHOOD! WHY YOU SHOULD BUY DOGECOIN TODAY?? GOOD NEWS! Elon Musk & SEC Pushing, Trend Bullish! #Dogecoin #Doge #APPLE

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