The 3 Doges covers Bitcoin, Binance coin and the Twitter hack

0:05we're live in the crypto coin show studio with another episode of the three doges I'm Ashton a crippled coin show on Twitter at Jessie couch on Twitter at I'm not the wolf on Twitter wolf of pelone e^x it's no financial advice but let's jump into some crypto charts and some news and start out with the biggest news of the week the crypto Twitter hack craziness craziness that

0:31rise that's what a joke centralized failure yeah right the irony of the Bitcoin involved is that that if Twitter was on the blockchains probably would have happened right there's a few but they're not nearly as popular but Twitter obviously needs to look into that because you know it started out as the as just a crypto community you know Angelo BTC who's a Bitcoin whale and cz

0:58and Finance of course if you're gonna do a Bitcoin scam you should target finance first but then I went to Gemini ku coin I'm gonna it became a national security at at one point at the end the very once I got the Elon Musk jump from the crypto community to Elon Musk and you know the CEO of dogecoin as we know him he should really be the captain of these are balls

1:21the three doges answer bars yeah that emoji yeah yeah he should he should put forth two million dollars for the Doge emoji on Twitter for sure it's like nothing France so but he posted are the the hackers posted on his account they were posting a lot and he has 40 million followers followed by Bill Gates with 50 million and then they started moving into Mike Bloomberg

1:44Barack Obama Joe Biden that's all the way obvious was Trump gonna get hacked it was like a matter of national security yeah it makes you wonder if like they're just fans of Trump that's why he didn't get or or I was too dangerous not be this they have the FBI and everything under the mound like yeah after them now so you know it's already yeah they hacked the vice-president of the United

2:07States and the former vice yeah in the United States and and the Prime Minister of Israel like they're gonna have they cover man so yeah so yeah well all in all apparently they only stole they only collected a hundred twenty thousand from asking people to send them Bitcoin and they'll send back double which is the dumbest thing ever because if you I mean

2:31if you just went on like C Z's thing and said all we're getting rated by you know Chinese Authority officials or something we're gonna be shutting down finance or something like that the price of Bitcoin would have dumped you could have just opened up a huge fat short on Bitcoin there was something out like that or like said you know ETF is passed blah

2:52blah or whatever and then like just something actually moved the markets yeah wait more money nobody's gonna fall for one of these double up your Bitcoin scams they've been around for years are very few seems like I think it's like 400 or so hundred couple hundred people but it's hard to tell if the hackers were sending funds themselves or if people were sending flesh to make it

3:13look like maybe look like other people are doing it right so you never know you can't you can't you can never know for sure it's all planned well all in all the Bitcoin price didn't even move and move like ten dollars right so it's all manipulated it didn't yeah so it in fact it might be positive for Bitcoin because it brought awareness to all of those

3:37accounts that had like 100 million followers now they all heard about Bitcoin didn't lower the price so I guess let's jump to the Bitcoin chart and take a look you know the price is the the channels been narrowing yeah like for the last two months it's been in consolidation but in the last few weeks it's been in even a tighter range right mm-hmm maybe we could give your analysis on the

4:00TA for the future of Bitcoin and you know I think there's gonna be some big moves potentially in the next right we're like over your head like right here there's like a support channel mm-hmm and then from the top over there all the way down there's like that diagonal descending channel pattern that's at play and I've just been tracking that for for quite some time

4:22now if you take a look at D X Y that US dollar currency index it's when the its within a downtrend channel and if it breaks out of that down trench No then basically the US dollar goes up and if the US dollar goes up and Bitcoin goes down they always move you know inversely correlated to one another because they're paired against one of those when you're trading it um so if

4:41the dollar pumps then bitcoins in a dump and bitcoins in a bearish pattern right now so um last week I was leaning more like 60% bearish 40% bullish now I'm like 80% bearish if I'm 120 percent bull yeah you know and you had a good tweet that explained how this affects the altcoin markets as well right because the altcoins normally are trading with the Bitcoin trading pair and you can see

5:07that there's been quite the move in the old coins and it looks like Bitcoin might be going up which means that all coins might be going down right yes so I think every major sort of dropped that Bitcoin has had lately any sort of major drop very volatile ones um it always takes down all coins with it so we've been in a our coin little spring rally thing whatever for quite some time

5:33I think I think we're gonna go on further but everything needs to retrace so if you look at the two day charts on all coin there's that you know support all the way over here basically mm-hmm that uh that we broke a little while ago and it's just been completely dropping ever since and I mean it needs a relief bounce so if you look at the today chart

5:55the Ichi mocha which is the green and red cloud it definitely looks like you can push up towards there and those so on the indicator that you can't really see at the bottom but there's a buy signal on the on the bottom indicator and it just looks like alternator retrace and it's gonna dump and I feel like they're gonna follow bitcoin whenever Bitcoin dumps lots of had a

6:14nice run so far we've had some two x's three X is 4x makes sense to have a bit of a pullback mm-hmm nothing can go up forever but there are still a few alts it's not like the whole market is gonna go down right there's some gems out there there's of course the gems and every coin is kind of on its own trajectory some are gonna be early some are gonna be later I always like to get

6:36those are early pumpers mm-hmm but in fact I think a lot of coins that didn't pump during this entire rally and maybe they just went up like you know 80% or whatever just kind of like a small little climb of accumulation I think that those cones that haven't pumped when everything dumps those are actually gonna be able into that pump and everything else is

6:55gonna start retracing because it hasn't hasn't seen any spotlight and there's quite a few of them I could see that happening yeah well last episode we talked about chain-link going to all-time high and now it's at even more all-time high hey all time I of the all-time high yeah yeah it continues and there are some other promising alts like Tasos stellar lumens

7:19malgo and finance you know finance coin they just had their three year anniversary let's just jump to that chart actually they just had their three year anniversary of finance they were introducing the burn for finance token by just a quarterly woman yeah but they I think they delayed it because the Twitter hack and you know cz was like all in a kerfuffle because

7:43he is it is I got way better delay okay so but but the chart actually looks you know it's this blue lion accumulation floor seems to hold support pretty well and this downtrend for the last essentially year has sort of been broken so it could be promising for finance coin to go back up yeah that that blue line one of the important things on that

8:13blue line right there the horizontal support is that the price actually dumped down under it and then it pump right back up so it's actually a bullet trap so that's a very bullish sign and then we immediately broke the the downtrend line that you see in the Green Line so to me this is in a bull market confirmed bull market and with you know the token burn coming just around the

8:34corner and everything it uh you know it's just gonna keep going up in my opinion B & B has one of those is one of those coins that has like fundamental mm-hmm everyone's using it for trading fees yeah and now you can stand on the crack cards and it's a bit of there in the girder in the space too so you could see it levying on some other coins on the adventure

8:55the only bad thing is that it's got such a large market cap right so it doesn't move as fast the others but because it has those constant token burns it's you know it's always gonna go up it's like a perma balem right yeah and they're always making strategic acquisitions mmm you know they just made that swipe acquisition the debt Visa debit card they purchased coin

9:19market cap for 400 million not too long ago definitely overpriced price but it's what they do to control the market right and I'm sure they're because they're putting finance and you know on the front lines for whether you're using which exchange that you're promoting through coin mark a prince is they're sort of allies like oh they're also this game mode I'll go there Dex yeah and so

9:44they're going both ways my dance chain finance tax in everything even the US yeah no one even uses so but this is a one day chart and the you know it's not like it's gonna pump tomorrow but it could in the next month or so it's actually one of the coins that didn't rally while everything was rallying I wouldn't be surprised if this launched a lot of a lot of the mark large market

10:10cap coins sort of weren't the starters of that little altcoin spurring that was happening you know sort of the low cap coins but it might be time for these major cap coins to to start moving lady bloomers yeah all right guys well that's all that we have for this episode smash the like button comment down below what coins you want to see on the next episode of three

10:30doges follow a cryptic coin show on twitter follow at jesse couch on twitter and i'm not the wolf and we'll see you guys next episode deuces