Brothers, DOGE has barely moved for two hours. It's at 0.0663 now.
The post at seven was bearish. It didn't hit either 0.0675 or 0.065, just hovered around 0.066.
Bitcoin plunged to 70.9k at 8:40, breaking below last night's low. Based on what I said at seven—that DOGE is a magnified version of Bitcoin—it should have followed Bitcoin below 0.065.
But its low was only 0.066, still far from 0.065. The “amplifier” call didn't play out this time.
But not falling doesn't mean it's going to rise. Trading volume is $550 million, even lower than this morning. It looks more like nobody's paying attention than someone stepping in to defend the price.
The bearish bias remains. Let's talk again if it gets back above 0.0675. If it breaks below 0.065, the next level to watch is 0.06.
If Bitcoin heads for 70k, let's see whether DOGE can hold up. I'll let you all know right away. #DOGE $DOGE
The post at seven was bearish. It didn't hit either 0.0675 or 0.065, just hovered around 0.066.
Bitcoin plunged to 70.9k at 8:40, breaking below last night's low. Based on what I said at seven—that DOGE is a magnified version of Bitcoin—it should have followed Bitcoin below 0.065.
But its low was only 0.066, still far from 0.065. The “amplifier” call didn't play out this time.
But not falling doesn't mean it's going to rise. Trading volume is $550 million, even lower than this morning. It looks more like nobody's paying attention than someone stepping in to defend the price.
The bearish bias remains. Let's talk again if it gets back above 0.0675. If it breaks below 0.065, the next level to watch is 0.06.
If Bitcoin heads for 70k, let's see whether DOGE can hold up. I'll let you all know right away. #DOGE $DOGE
