Dogecoin “Big 50” Pump Coming!

Dogecoin “Big 50” Pump Coming!

hey everybody Chris here in this video we’re going talking about the big 50 pump coming for Dogecoin what is the big 50 we’ll explore that in a little bit please be sure to subscribe to my channel hit that little notification Bell you can be notified when my new videos come out as well as when I do live streams and we’ll be live next Friday at 5 o’ yes we have our end of the week live stream please join in 5 o’ East Coast time make sure you’ve got your notifications turned on you can be notified when I go live we expand our conversations cover more cryptos interested to know what you think about all of this going on so we get into a good conversation but now we want to talk about what’s going on with money and crypto particularly Dogecoin about a month ago I made a video of why I think Dogecoin is better than the dollar need to check out that video as well because that’s kind of a precursor to what I’m going to be talking about today but join in anyway what’s the big 50 what am I talking about let’s take a look at the charts and the News I’ll show you what I’m looking at so we’ll start here with the Dogecoin chart just trading right under 13.5 cents right now staying right above my May price prediction line which is that white line here again we’ll talk more about that during live stream later on Friday but this is good I mean we’re for the past day now we are trading sideways better than the retrace and pullback that we we have been experiencing for the past 8 days in a row so this is recovery now but we’ve got the bigger picture to look at here Bitcoin staying above 59,000 this 594 line on bitcoin was resistance it was support from way back became resistance and Bitcoin is now trading above that so that is good what are we talking about here well we’re starting with fear and greed right fear back for first time since October as crypto greed takes a back seat last week we were at 72 greed last month we were at 79 extreme greed as Bitcoin was moving up in anticipation of the Bitcoin having Bitcoin was over $73,000 of Bitcoin and of course we had Doge at 22 Cent so that pullback has brought some fear into the market we’re now at 4 three buying opportunities that’s what we talk about right that’s what we talk about is buying on the dips are you buying because inevitably this is going to be going back up that’s what we’re going to be seeing look we have big inflation still happening in the United States the inflation rate has continued and is actually moving back up we would expect it after you know the the huge uh money printing that happened in 2020 led to the inflation in 2021 2022 thought in 2023 we were starting to get a handle on it but in 2024 so far it’s ticking back up which means there’s not going to be fed rate Cuts that’s being pushed off into the future and the markets aren’t happy about that so we have that but that also means that your dollar is worth less and less going forward Bitcoin has outpaced the dollar nearly every year since its Inception this is why we crypto right as opposed to having all of your money with the US dollar so the only times that bitcoin price actually uh went down versus the US dollar in overall you know uh sort of against against inflation would be 2018 2022 right and the next is probably 2026 again this is the big picture of the fouryear Cycles that’s what we’re looking at so with this increase that we’ve seen with with Bitcoin here over the past year we would expect that then to continue up again in 2024 or into 2025 but then probably retrace 2026 that’s the bigger picture but look this is this is your US dollar this is the buying power of the US dollar since Bitcoin was created it just goes down and down and down the buying power just continues to decrease so if you’ve got your own money all sitting in the bank you’re able to buy less less and less if we look at US dollar to Japanese Yen though the Japanese yen is even worse the US dollar is actually going up versus the yen because the Japanese are just they’re having a hard time with their currency uh us says they’re going to try and help them out so I don’t know what they could do Bank of Japan has got to figure this out but if the people in Japan had just bought jasmi right and held on to jasmi as the Bitcoin of Japan you’d be up you would be up and you would be much more stable than your own currency I mean that’s why last summer you know I was buying J JM and we were buying jasm into the Chris Pac DCA portfolio which we will also talk about in the live stream because we’re up like four 5x on our jasm and if people in Japan had been buying that last summer as well buying that jasm and holding on to that as opposed to Japanese Yen they would be up even more so that’s kind of interesting to see what happens with the jasm going forward we also have stable coin growth uh as stable coins looks like there’s a huge stable coin movement happening that’s always a precursor to large bull runs going forward that means that the buying is in place with large stable coin Holdings ready to implement once this retracement is done and we start to see movement back up to the upside that stable coin growth that will move into cryptocurrencies and particularly the altcoins that is what they’re waiting for potential breakout coming we also see this huge wallet growth that sentiment is looking at big huge growth in ton coin and that’s all based on Telegram and telegram wallets but the next highest percentage-wise growth in wallets over the past six months has been Dogecoin that’s right Dogecoin wallets huge growth in Dogecoin wallets it’s coming guys it is coming but meanwhile we still have Traders right liquidations what are you doing you’re trading on Leverage or you’re shorting you’re getting burnt you’re gonna get burnt if you if you make it once and you make a good profit it’s like gambling right you’re going to go back and you’re going to do it again and you’re going to get liquidated again of course we always look at those liquidation charts s during live streams as well be careful out there guys with the trading but you know we also have like options like will will Market sink on $2.4 billion crypto options expiring now I don’t understand all of the trading with options and contracts but it’s like people are not just buying and holding right the Traders are trying to make extra money on crypto which they have consistently done in the past those that trade and understand the way the crypto Market moves they do calls options leverage trading Etc they know what they’re doing be careful we’ll see what happens with this and the price generally it doesn’t always move things but that’s something to look forward to but you know who is just now dcing and buying and it’s Bitcoin is Jack dorsy 10% 10% on a monthly basis of dorsey’s Block Company their profits are going to go into buying Bitcoin so Jack is seeing what’s happening with Michael sailor micro strategy and he says okay I want some of that so he’s buying Bitcoin you’re going to continue to buy Bitcoin every month every month buying Bitcoin dcing every month and it says here’s how your company can do it too so he’s getting out there and he’s saying look not only is Michael sailor doing it I’m doing it and you can do it too and that’s long-term holding and that’s just going to continue to grow Bitcoin meanwhile we have Ripple we have xrp again I call xrp the stable coin another 200 million xrp coming for May dumps and this is why I mean this is why like like Ripple is a company making a lot of money they’re able to go to court and pay all these lawyers and stuff it’s off the backs of you guys buying xrp tokens be careful and watch out for that but we want to talk about Doge Doge again outperforming xrp and Ada and a lot of this also is you know is is the wallets that we just talked about uh the number of of of wallets that are being created onchain data looking at the volume ticking up as well in Dogecoin trading so we also have that coming forward but what else with doge look Dogecoin mirroring price action that preceded massive bull runs in the past and we’ve looked at alli’s charts and you want to know what the big 50 is you want to know what the big 50 this is the big 50 right here this is it and we’ve shown this chart before but if you’ve got 13 cent Dogecoin and you’re eyeing $650 again this is this is the fractal from previous cycle if Dogecoin does this again this is the big 50 which is the 50x that you can make from Dogecoin at the current price up to $650 again we’ve got the past right this has happened three times this is the third time where we’ve had this you know descending wedge start to break out retest and then go descending wedge start to break out retest and go what if we had this cycle descending wedge start to breakout retest we’re in that retest right now how long is this going to go how long is this going to wait well again this is back on to Elon because I think Dogecoin needs that Catalyst to make that breakout happen and this is I mean this is X payments right so Christopher Stanley he is the X payments Chief Information Security Officer and what does he say look this is all about X payments they’ve got money transmitter licenses and now half of the US states Elon said he wants all of the states before he rolls out X payments in its entirety and says that will be done by the end of the summer so Alex Finn says this will allow people to basically use X as a wallet you can save and send money and crypto meaning if people like your posts videos live streams they can instantly tip you in money or purchase digital goods from you will open up for way more monetization we could have tipping which is the big Dosh thing right not just tipping Christopher Stanley says I can pull money into X store to my X wallet send money to Any X payments user I think sort of V at first then as things evolve you can gain interest buy products eventually use it to buy things in stores like Apple pay and goal is if you ever have any incentive to take money out of our system then we have failed you shouldn’t ever need to take money out because you should be able to do anything you need on our platform which would include buying crypto and using crypto that is the bigger end goal that all of this is going to have that’s what we’re looking at so that’s the big picture when is this going to happen well right now we’ve got Doge let’s say doge versus sheep this meme coin will lose big when selling wave hits and we have had the selling wave and there are many still believing that crypto is going to go down from here that could happen uh this article kind of goes through some comparisons between Doge and she but in the end it is likely that Doge and she will need Bitcoin to recover its bullish impetus before having a chance at recovery themselves so this is what I foresee over the summer right is that they’re just going to follow Bitcoin because again Doge needs its own Catalyst and she is now in that category as well it is reasonable to conclude that she is more likely to post heavier losses than Doge in the event of a large wave of selling so so Doge will hold its own better than she if there is more to the downside however Arthur hay says the Bitcoin bottom is already in and there’s going to be a slow and steady climb back up particularly through the summer and another fun thing is like CZ right Ching paza of of binance he’s going to be in prison for four months which is the summer so when CZ gets out in the fall look out that’s when crypto’s gonna take off we’re gonna be looking for this big huge 50x for Doge could that happen we don’t know whether it’s going to go at quite that rate but that 50 is a big number though and it’s something to look forward to ah we’re going to have fun with that right now though we’ve got Doge starting to move up getting out of this sideways trading so this is a this is a nice sign to begin on our Friday join me in the live stream we’ll be following up on Dogecoin price action talking about more cryptos leave a comment below let me know what you think about the big 50 here that I’m talking about are your bags packed are you ready to go I think it’s still going to take a little while though got some choppiness to come we talked about choppiness right that’s going to be coming but this is a good start we’ve got here give the video a like if you haven’t already please subscribe to my channel Channel I appreciate the support we’ll see you next time [Music] [Music] [Music]

Have we hit the local bottom for crypto price pullbacks? What is the Dogecoin Big 50 and what could happen to propel Dogecoin’s price up? I explore all that and more in this video.

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