THE WORST OVER FOR DOGECOIN? THE BOTTOM IS IN FOR BOTH DOGE & Bitcoin? BREAKING NEWS!
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Whoo hey everyone this is Daryl from Daily crypto Chase coming to you live From Vietnam guys it's a great time to Be alive and we're going to be talking About cryptocurrency is the bottom in is The worst over guys could we be seeing a Reversal to the upside I'm going to tell You what I'm thinking I'm going to be Telling you what I'm doing and this is Not Financial bicycle let's jump into The content without any further delay We've got the brilliant alien in the House and let's get into it right now Guys I guess so right now if we take a Look at what's going on right now let's Jump into pre-market see what's going on Let me get my face all squared away out There let's get everything all set up so If you take a look at what's going on With the pre-markets right now we are Seeing that the pre-markets uh are Looking kind of neutral out there Everything's kind of looking flaty flat Flat so that is not good and uh we're Seeing that the the US markets are not Not quite open yet so we're waiting for Them to open hopefully they will open up In the green but so far the pre-markets Are looking kind of neutral out there Hopefully we will get some green out There it will be uh you know it's kind Of it's kind of overdue right guys to Get some again guys and you know I'm Thinking are you thinking I'm thinking
That the bottom could be and also guys Did you know that crypto exchange Kraken To shutter its Japan operations after Global layoff so it looks like looks Like a crack crackalackin is closing Their Japan operation and you know so Far they have said that they have laid Off uh around about 30 of their Workforce so they slashed almost 1 100 Jobs out there so that is that is a Another another exchange that is cutting Cutting out there so but uh that's not Good if you're working for crypto guys So what else is coming it looks like the Global economy is heading into a decade Of low growth that's according to this Uh Economist the international market Fund now projects out there that the Global GDP growth will slow from six Percent in 2021 3.2 uh to in 2022 to 2.7 In 2023 so we're going to be having more More shrinkage out there so that is not Good and you know next year we could be Facing more job more consolidation out There guys so we did talk about what is Coming in in terms of announcements this Week we do have that on Thursday the big the big announcement That's coming in from the past about Initial jobless claims out there so That's going to have some definite Definite have some impact on the Cryptocurrencies right now so we take a Look at that
You know what time it is it's a it's Time to protect the eyes from all of This glare all this craziness out there And we are seeing that BTC is down one Percent we're seeing a theorem is down Almost two percent so nothing is Absolutely spread no one is being spared From this crypto collapse that's Happening and you know I think I believe That we are closer and closer to the Bottom than ever before guys what do you Guys think smash the likes and Subscribing why byb are we getting close To the bottom or is this there's a more To come guys so let's jump into guys Let's take a look at the total global Market cap for cryptocurrency right now Let's get into it guys I should actually Get into it we are seeing that today is A pretty bad day out there I remember a Lot of this is happening because we're Seeing that people are doing tax Harvesting out there they want to reduce Their capital gains uh tax uh Implications under what they're doing is Selling their crypto and then they'll Probably be buying back guys so we're Seeing some tax harvesting happening We're also going to be seeing that They're going to be tax Harvest how Harvesting harvesting for their stocks As well out there what do you think Really is it tax housing we're seeing The tax Harvest harvesting is one of the
Big reasons why crypto is going down To downtown so we're seeing the Bitcoin Is down one percent we're seeing a Theorem is down also also 1.84 right now So that is not looking good we're seeing As well that BNB is down Um xrp is down uh Dogecoin is down five Percent guys it is not looking good and It looks like we could lose our seven Cent support level and that would take Us that's going to start take us down to Six cent level so I'm sorry to say it as I told you I don't think we're going to Be reaching 10 cents by the end of the Year guys no way no way Jose out there So also right now we're seeing that the D X Y the g x y out there is also going Down down so that is good but it's not Having it's not having any major impact On cryptocurrency it's not having any Major pact on anything right now so We'll have to wait and see uh until the Market's open to see what's going on Guys but I think this is going to be a Pretty much red a week out there so the Markets are opening today finally things Are getting back to normal scene that Also uh Bitcoin right now Bitcoin has Dropped today almost about 0.28 and it's Trading at uh 16 674 dollars out there so nothing too Nothing too great to write home about And we are seeing that we have Resistance at 17.5 we are seeing that
And we have a support of 15 574 and we Do have a good technical support around About 3537 so I don't think it's going To get that bad but some people are Saying that it could get worse and uh The bottom is in some people are not are Saying the bottom is not it so I'll have To take a look at that and see what's Going on so a theorem right now is Getting slammed a theorem is down 1.35 And it is just being supported right Here at our 1194 so 1194 is holding Right now but we could break down below That and it's not looking good for our Ethereum right now what is coming in User Elon Musk has just announced that He is open to the idea of buying Competitors and putting the mainstream Media out of business what do you guys Think should he do that should he Absolutely do that or or not guys just Tell me what you got to think I Appreciate looks like daily trading Volume had multi-year low right now as a Total Mark Camp Falls but although 800 Billion so it's not looking good for the Market cap we're seeing that the crypto Market cap have significantly shrunk in 2022 with over 2.2 trillion liquidy in The past 12 months so we're seeing Almost 2.2 trillion has been liquidated From the crypto markets and that's According to aggregate get aggregate Data aggregate data data gated data from
The Block the daily crypto spot trading Volume and all exchanges has dipped as Well below 10 billion for the first time Since 2022 so things are not looking at It's a cold cold crypto interrupter so If we take a look at uh if you take a Look closer look at the crypto Market There are some positive catalysts out There for crypto and it still makes me Now hopeful hopeful out there that Things could improve so the crypto Market is constantly morphing we're Seeing morphing to accommodate the Global economy so we're seeing more more And more nation states looking at cbdc Traditional Finance institutions and big Tech corporations are adopting Blockchain technology moreover Governments worldwide guys I repeated Governments worldwide are working Closely with cryptocurrency to regulate The industry in preparation for Mainstream adoption so mainstream Adoption is going to happen it will Happen it's just a matter of time TD TD Time time don't forget to smash the Likes guys and like the likes and show Some love for the humans humans need to Love out there they're not feeling too Good however the collapse are one of the Largest cryptocurrency exchanges by Daily trading volume I have to access Raise concerns at the General State of Crypto guys Market furthermore about 1
Million FTX users and investors have Been left stranded in the code in the Cold so you know this is one of the big Crypto contagious and a lot of people Say it could take two or three years for Crypto to truly recover but we do need Some regulation guys what do you guys Think do we need regulation out there as A result crypto Traders right now we're Seeing a mass mass Exodus from Centralized exchanges onto decentralized Exchanges so once again if you're if You're exiting uh centralized exchanges I suggest that you guys get yourself a Nano Ledger Hardware wallet do it right Now and guys sleep well at night sleep Good at night and you're gonna love it Guys you're absolutely gonna love it and Sleep well at night and you know it Looks something like that guys so get Yourself a nano a ledger Harbor wallet Guys you will sleep better at night I Definitely do I have 90 uh about 98 of My crypto on a hardware wallet guys and Gals so you may want to think about Doing that what else is coming in right Now what else is coming in we're also Seeing that looks like Shiba a ship the Real fun begins soon because it looks Like the developer of Shiba Inu coin uh She she uh Toshi kusama out there uh and He was talking to his mentor and they Both agree that by the end of the year By the end of the year when the chess
Pieces begin to slide into place we will Begin the impossible it will be Impossible for him to remain invisible And he will reveal himself and we should Absolutely absolutely see who exactly is Shitoshi kausama in the house guys so That's going to be cool that is going to Be cool don't forget Shiba Inu is Getting closer and closer to shibirium Out there guys and gals so Gemini trust And its Founders Taylor and Carmen Winklevoster Winkle the wingsters out There are facing class action lawsuit Over claims of crypto exchange sold Interest bearing accounts without Registering them as Securities so a lot Of people are asking hey what's going on In class action suit and they're being Sued out there and also uh dcg owes Gemini a ton of money out there so you Know dcg is still a little bit on Shaky Ground also Justin looks like Japan to Allow exchanges to list crypto without Pre-screening unless they are new to the Market so that's kind of an interesting Development in Japan Japan seems to be Getting more and more friendly I can Came across this I thought this kind of Interest the best part in movies is when The actors casually walk away from Something that they just gone boom right So and I just thought it was kind of Funny we saw all these most of these Muslim pictures you know but then we saw
Our friend your friend who is that the Prowler in the house Uh and you know what that's all about uh You know he's blowing stuff up and he's Walking away and we can see that most of The Stockade stock songs are down like Crazy I mean Tesla's getting hammered Out there so Bitcoin three-month chart If this follows the long-term Trend Should be around the bottom already so You know once again I still believe that We are definitely getting closer to the Bottom than the top and I think that More and more people are saying look This is good confirmation out there that That the bottom is in the bottom is is Freaking in guys so if you guys think The bottom is in Smash the likes Subscribe and show us some living put The OG out there uh let's take a listen To this this is um this is an interview With uh by Nancy CZ out there and They're talking about uh You know what about customer funds and I Really like this tweet that's why I'm Talking about it says the only correct Answer would have been we don't we don't Use customer funds and they're available For a draw he didn't actually say that Uh let's say somebody has to say let me Turn the volume out there for you turn It up the volume would you be able to Handle it if somebody asked you for 2.1 Billion dollars back would that be okay
Would you be able to still withstand Things Actually okay including you have 2.1 Billion dollars to give away if somebody Came to recall to call that back you'd Still be fine What will let the lawyers handle it I Find we are financially strong So look at her reaction You know exactly what he should have Said the only correct answer would have Been we don't use customer funds and They are available for withdrawal that's What it you know look we're at the Lower Side we're financially strong that Sounds like a little bit of a cover-up There CZ and I just thought it was funny Like Chicago What a what a what a turdy answer so I Thought that was kind of interesting Guys what do you think I think CZ should Have been better briefed and better Coach Guy this is from this is from Bloodsmart contractor out there and I Think he's saying I think that uh There's going to be a b wave down for BTC and this B wave down he's putting it At around 15 500. and that is that is Exactly exactly the same level uh where I'm I'm thinking as well that we could Be seeing that a Bitcoin could be going Down to 15 000 or 500 and that is Basically after we go up to the C wave Then we're going to have a retrace down
To the B wave guys so get ready guys and It looks like we could be getting close To hitting the zero one zero six one Eight Fibonacci level so you know we've Completed the the a wave the D the B Wave we've gone up to the C wave and Then we can have a correction down to The downside guys so I'm expecting one More push into the low to mid 1700s then Further decline guys so that is kind of Interesting guys further further Declines out there guys so that's what I'm thinking what do you guys think out There so guys you all know about Dogecoin Dogecoin is money and that's One of the biggest utilities for Dogecoin is that Dogecoin is money money Money and that's why you know if you Look at the if if we look at the Inflation rate of dogecoins about three Three percent so it's not too bad it's Greater than the US economy out there And you know Dogecoin was it started as A joke but now people are saying look It's lightning fast it's cheap and this Is a good source of money guys so you Know the utility of Dogecoin is that the Fact that you the Dogecoin is cheap and It's you know it's highly portable it's It's fast it's lightning fast and you Know what we need is we need more retail Retailers out there more shops more this More than to start accepting Dogecoin And the value of Dogecoin is the
Community is that his Dogecoin is money Guys and it's just a matter of time and Time and time before our friend Elon Musk integrates a Dogecoin in Detroit so Guys do you think that Elon Musk is Still going to integrate Dogecoin into Twitter I want to hear what you got to Say about that that is so important I Want to hear it you tell me I tell you Let's get it guys so let's take a look At the dues and washer right now so Those your world you're right now is not Looking good uh so far Dogecoin has Broken down uh on this chart are almost 3.4 or zero percent and we went down Today as low as low as zero six nine two So we did break down below the uh seven Percent level and right now we're seeing That the seven Cent level is barely Barely holding it's barely holding out There guys so it is not looking good out There uh if if we do not if the seven Cent level does not hold a support then We will be going down like a donut going Down like the Titanic and we could be Seeing Zero five five as our next Support level so that's what I'm Thinking I know it's not great news out There it's not not what you want to hear Uh let's take a look at the tokenomics For uh Dogecoin right now and let's get Into it we're seeing right now the Dogecoin the volumes are up so that's Pretty good uh 464 but a lot of that is
Uh sell side as well we're seeing the Tone Mark cap as well below a 19.4 Billion and that's not good you know Days ago we're only you know we're at 12 We're at 11. and we seem to be slipping Fast guys the patient is slipping the Patient is slipping guys and guys so Let's take a look at who's in the money Who's not in the money and we can see How wow Smash dogecoin11 If you love Dogecoin like I do smash George come Online we're seeing 45 are out of the Money in the money I'm 46 are out so I Have not seen this for a very long time That we're seeing more people out of Money when it comes to those kind this Is the first guys and this is pretty Pretty this is nasty guys it's Absolutely nasty so guys and gals hey Once again if you are not getting Notifications from YouTube what I Recommend you do is go down there down Down and uh join our Discord guys be Part of the freaking conversation and uh Never miss a beat never miss a beat and All those people that are you know in Our in our Discord like Alex uh Betsy Chichi Danny out there Jaeger uh Morris Nifty uh Nina one two three uh you know Peony Fitness uh all you guys out there Uh Remco uh I always want to say thanks For thanks for being part of the Community thanks for being part of the Conversation I appreciate it I actually
Absolutely freaking appreciate thank you For the support guys and girls uh so That's going to bring this video to Inclusion woozy uh guys do not forget to Go and follow me follow follow follow Me on Twitter I appreciate we're getting Pretty pretty close to 5800 followers Guys also watch out for the scammer Where we're bummers there is a new a new A new fake account a new copycat account Of uh crypto daily trade signals and Guys and gals Be careful I'm never going to reach out To you I'm never going to ask you to Invest I'm never ever ever gonna do that So if somebody does that uh report them ASAP out there and guys if you're Wondering where all my if you're Wondering where all the linkages guys if You're wondering where all the linkages You just go down below here and you'll See all the links guys absolutely see The links where is it let's get it Discord link we've got the uh now Ledgerling also the link the linking Winkies guys and you can go back and Watch all my other videos there's There's there's a handsome guy the Handsome guy right there and uh also Once again don't forget to get the merch Guys get get the merch Prime it's you Know uh you know buy the merch guys We've got tons of stuff you want it I Want it let's get it guys so that's
Gonna bring this video to a closing Rosie all I want to say is Peace out be well be blessed you do you Out there Do your own risk management and remember Never invest more than will to lose I'll See you in the next one it's been a Great time I appreciate it thank you for Support everybody peace out Thank you Thank you Thank you
