Is Dogecoin, Crypto Crashing? Ummm No – But There Are Big Things To Talk About

Is Dogecoin, Crypto Crashing? Ummm No – But There Are Big Things To Talk About

hey everybody Chris here so with the
pullback in the crypto markets we’re
seeing some other YouTubers saying oh
crypto’s crashing no it’s not crashing
uh but we do have some other issues to
talk about other worries and we’re going
to be covering all that in this video
please be sure to subscribe to my
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videos come out as well as when I do
live streams so I remember back in
February when we had these Bitcoin ETFs
and everybody was like oh yeah all this
money flowing into the crypto world this
is we’re going to the Moon well I did
say back then that be careful what you
wish for because we don’t know what
really happens when all of the
institutions then start having all this
money into crypto particularly Bitcoin
and what can happen and we’re seeing a
little bit about that we’ll we’ll talk
about that but also back then we were
talking about the upcoming Bitcoin
having and I was saying be careful about
the having because after the having we
may see a pullback we may see a let down
and we may be experiencing a little bit
of that too so let’s get into that and
also another of my biggest worries about
Banks and the and the IRS and the FBI
and all of that particularly here in the
United States and I’m going to rant a
little bit more about that too so let’s
get into it let’s take a closer look
I’ll show you what I’m looking
at so we’ll start here looking at the
Dogecoin chart yeah Dogecoin 15 cents 15
cents yeah this doesn’t look great right
it’s a little down but overall again
what do I say I say look at the bigger
picture we zoom out to the 4 Hour and
we’re like we’re still sideway this is
still sideways trading the world is not
ending crypto is not crashing guys look
at Bitcoin 636 now yes we’ve dropped
below 65 but here we look like you know
one week ago we were down at 60k dipping
down to 59 and bitcoin’s not doing that
so yeah we had this little sell off
yesterday and we’ll show that what’s
going on
but also on Doge it was like someone in
the comments said oh Doge just keeps
going down like I’m getting out of Doge
I’m selling it all okay well what are
you buying
because everything’s down we got a
little bit of Pepe of movement now
starting to happen a little bit of world
coin maybe a little bit of Tron did you
buy those because everything else is red
and we look at the next 200 and we’re
like looking pretty red to me
everything’s
red we go to the third page and we’re
like well let’s see what’s in the third
page see what’s going on oh baby doge is
up hey buddy did you sell Dogecoin and
did you buy baby doge is that what you
bought because that’s the about the only
thing that’s up everything else is
down so don’t give me that like it’s
just do it’s not just Dogecoin
everything else is down so so first
there’s that and then we’ve got like
George last night like what was his
video Bitcoin crashed today no Bitcoin
didn’t crash and actually when he
started his live stream one of the first
things he said was well it’s not really
crashing but but that’s what was on his
cover his thumbnail was Bitcoin crashed
and then overnight we got Daryl like
crash no no no guys not crashing not
crashing what does Bitcoin archive say
the thing about dips is they seow doubt
in the minds of people otherwise there
would be no do no dips so fear and doubt
equals opportunity so is this an
opportunity or are you going to be just
down and saying a crypto’s crashing
everything’s going to zero because some
in the comments say oh you guys are just
talking about like Dogecoin to $5 and
it’s like no the experts are saying
Dogecoin to 5 cents it’s like no there’s
no Dogecoin there’s no experts saying
Dogecoin is going to 5 cents and if you
if you look at what I say now I so I
show some charts that do show that there
you know if Dogecoin follows the same
pattern it did before there is a
potential by the end of this year and
into next year we could see Dogecoin
well over a dollar and that is true and
that hasn’t
changed and this expert this guy right
is not saying dogecoins going to 5 cents
and I’ve never said that and I still
don’t believe that’s true unless there’s
some huge Black Swan event that’s going
to crash the entire crypto
Market which I’m going to show you some
news that kind of puts a black cloud
over things but that’s not
happening so here’s the ETF thing what
happened
yesterday ETFs sold off yesterday so
that was that that was that was that
Bitcoin selloff that we had there that’s
that right big selloff
happening and in fact for the first
day we actually had no inflows into
black rocks I bit
ETF so what’s kind of Happening Here we
had all this growth here it’s like this
is awesome like late January February
and into March we had this big growth
and since then it’s been rather flat
it’s been rather flat there’s been some
grayscale outflows but mostly they’ve
kind of been matched by inflows but now
we’ve got another day where it didn’t
match so so so we’ve got that we don’t
know what’s going to happen with this
whole ETF thing going forward there’s
clouds about the eth ETFs and whether
they’re even going to be approved in May
or not so we don’t know so we have all
of that and do we really want to talk
about institutions and how institutions
are going to
control cryptocurrencies going forward
or not so there’s a big question about
that but the biggest thing that’s
bothering me right now are these kinds
of things
right are uh law enforcement use of
financial surveillance here in the
United States the house Judiciary
Committee this was last
month they held this committee on the
federal
government on federal law enforcement’s
use of financial surveillance so what is
this financial surveillance and what’s
going on well it started in the wake of
that this January 6th committee right so
and and I don’t want to get into
politics and all of that but
this opens the door because they can
start looking not only at these January
6th people but they start looking at
more and they start widening their
financial surveillance granted to them
by law when there’s a credible criminal
threat well what becomes a credible
criminal thre threat and what can you
then start looking at so that’s where it
starts then we got the SEC they’re hit
with a new lawsuit alleging Mass
surveillance of Americans through stock
market data so what are they doing right
they’re starting to open the door and
starting to look at our records right
and what we’re
doing so we have that and then we’ve got
the IRS right they’re using
AI to detect crypto tax fraud what is
this right again it’s opening the door
more just looking at our records what
are they getting away with
here so concerns rise IRS employees AI
to monitor crypto
transactions and what does this lead to
right well it leads to the
IRS targeting the middle class what we
have learned is that the IRS in fact has
been using AI to access bank accounts of
American citizens without any kind of
search warrant this was something that
was just discovered by an undercover
journalist what they found is that the
IRS has claimed they have access to
every single person’s bank
account wow okay so where does that go
from here well again starting to put the
pieces together this is talk about this
proposal to raise the capital gains tax
and the capital gains tax would be on
the wealthy would be on the elite elite
so probably doesn’t apply to most people
but again it starts to open the door and
when it starts to open the door the door
then becomes wider and what does that
mean well US capital gains tax do you
know why this will eventually happen
because you and I are 10% of the
population those striving to build
wealth and that’s what I’ve been talking
about is wealth building right the other
90% are more than happy to pull you down
to their level so that’s right that’s
everyone else you will see that high
capital gains taxes will be
approved they just purposely imported
you know the whole migrant thing again
don’t want to get into all the politics
of it
but over time more and more wealthy
people will find living in the USA
infeasible and will leave but things
will probably be all right well worst
case scenario from a purely Financial
point of view American Standard of
living will
drop okay it’s going to
drop no biggy right the problem with
that though is that in the USA the
family unit has been destroyed through
hyper individualism poor people in other
countries support each other and live
decently but in the US they turn to
drugs other self-destructive Behavior
leads to
homelessness this
is could be the spiral that’s going
going down and what do we they’re taking
away our civil liberties and they’re
taking away our Financial Freedom so
what can we do about it well we still
think we can build our own wealth with
cryptocurrencies stock market investing
has been good but crypto has this bigger
potential and that’s what I’ve been
talking that’s what I’m preaching about
and that’s what I’m actually doing I’m
still continuing to do that despite
these ominous clouds but this is a this
be a bigger worry to us who are trying
to build wealth
than what’s happening in small terms is
like this trading of crypto in the short
term isn’t a big deal but then you’ve
got like Head and Shoulders alert
Dogecoin could see a price crash soon
well Dogecoin must hold 14 cents this
guy’s got this semi quasy Head and
Shoulders thing that seems to be forming
on a chart but overall is that really
happening and is this a big deal I don’t
think so I I don’t see it it’s kind of a
weird like double shoulder and double
head so do we see a double shoulder
happening on this side or something it
could play out that way but I don’t see
that as being a big
deal Dogecoin flash is Buy Signal now so
that’s what we’re really talking about
right is we’re on a dip is this a Buy
Signal again that’s what I was talking
about a couple months ago is look to end
of April early May because we’ll see a
dip in the crypto market and this is
what you should be looking at is what
the buy signals are because there are
potential uptrends on Doge and other
cryptos that I see happening and is this
the time to really buy the dip so that’s
that’s kind of My overall take right now
on the markets
look it’s sideways trading don’t get
don’t get all zeroed in on what’s
happened in the past couple days because
it’s happened everywhere if you’re going
to
sell crypto and then what are you going
to do you’re going to leave your money
sitting in the bank where it inflates
away or you going to re really truly try
and build wealth despite these other
ominous clouds and whether this capital
gains tax happens and the surveillance
and all of that it’s like well in the
United States we have to live with that
it’s going to be what it’s going to be
if I end up having to pay a larger
capital gains
tax but there’s still a path to
Financial Freedom and we have to keep
fighting it we have to I mean I mean
vote right look at the politicians who
are against this vote that’s what we can
do that’s our way out to help us use
your voice use social media get the word
out there and buy the dips guys leave a
comment below let me know what you think
about this is this a bigger deal or not
give the video a like if you haven’t
already please subscribe to my channel I
appreciate the support we’ll see you
next time
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Crypto markets are down – it’s a pullback. These things happen. But is Dogecoin crashing? Lots to unpack here, including proposed capital gains tax increases and bank account surveillance.

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