Back on October 4th, I wrote about it was "the time to buy" when DOGE had been hovering around the 5.9c - 6c range, and then within a month DOGE peaked at a little over $0.16 per Dogecoin.
Since then, it has dropped and staggered up and down, only dipping below 7c twice since then in October when it was about 6c and I wrote about it.
Today, DOGE is shy of 8c, so about half of its peak back at the end of October and into early November, sitting at the time of this writing at $0.0793449 on Kraken's US regular exchange.
These two graphs show DOGE over the last year, first, and then DOGE all the way back to late 2020.
At first glance, it would be easy to see these graphs and see it flatlining. That is what it was doing back before October last year. Then there was the spike, and since then, the trajectory of DOGE has been building upwards, vs. the downwards trend it had when I mentioned the time to buy.
A similar amount of time has since passed, since October 4th, to now, as it was from October 4th, backwards to about May 4th, when the bottom was evidently dropping out and then led to the flatlining/downward 6 month trend.
That downward 6 month trend was an "epoch" of time, the upward 6 month trend is an "epoch" of time, and there have been some very significant indicators that the next vertical parabolismic rise that will be called "the next Moonshot" will be and is already happening.
There is going to be a time of extreme volatility, perhaps a sudden plunge in BTC price down to under $10k, but not lower than $9k, unless everything is going to crash. Long-term HODLers who buy and don't look at the price will fare the best through that time. Later on, if the system survives, they will be able to cash out at over $12 (twelve United States Dollars) per DOGE, perhaps. There really is no limit, and it is absolutely possible that DOGE and SHIB could just keep rising upwards to surpass the current price of BTC at just over $29k, especially if BTC encounters a fatal flaw such as obtuse collision detections or swamped resources that cannot keep up with the multi-faceted demands.
People say things from a "tsk tsk" point of view when they read what I just wrote, as if a knee-jerk reactive programming inside of them triggers them all to say the same robot things about "market cap" and other legacy-stock-trading mentalities, thereby somehow talking like they're proving that there is no possible way that DOGE will surpass $1 and BTC won't surpass $1,000,000. This is not the stock markets. Stocks are not intelligently programmed masses of software that have been programmatically enhanced to squeeze out maximum profits over time. There are myriad reasons why stocks are not cryptocurrencies. It is simply shortsighted or ignorant to say that DOGE cannot or will not surpass $1 in price, or $10 in price, or $1,000,000 in price. If the systems kept going, it would, eventually, get to be that expensive, and higher. But I doubt that the systems will go on long enough for us to see DOGE ever be $1,000,000 in price. (short attention spanned-people will not be able to focus on this entire writing at once, and they'll get hung up on one or two phrases .. sorry 'bout it.)
All that being said, today we're looking at DOGE at about $0.08 and BTC at about $29,023.
The "tick-tock" of the current pendulum of market automata is "tick-tocking" and if it were a coin up in the air flipping, it would be anyone's guess as to which direction it's going to spring towards next, but here is what I see happening:
There is the overarching "downwards" and then "upwards" semi-straight-line trends, per 6 months, over the past 12 months, which is going to initiate another leaning towards a downwards trend, but, this time around that trend is going to be counter-balanced by the robots which all also recognize this trend, and which are going to use the inflection point to build a new set of patterns and varied inflection points to work with, to establish new patterns.
This kind of sounds circular in reasoning, because it is, because the robots are programmed to work this way, and they have been the ones keeping these trends going the way they are. There are some smaller less-funded robots which have broken out for short periods of time and established patterns that are recognizable, and it is likely that these patterns have been absorbed into the overall awarenesses of the robots which are paying attention to the market patterns that are taking place, so that when the next set of "bigger fund" patterns emerge, and the smaller bots get to work "working" the ebbs and flows, there are going to be the bigger much more funded, and much "smarter" bots that have anticipated the actions of the smaller bots, and they're going to lead them on a series of funds-draining escapades early on in the establishment of the new patterns of trading that we're going to witness over the next 4-6 months.
There really is no telling how long these epochs are before they take place, but when they are wrapping up, it's akin to the saying of "hindsight is 20/20," because it is quite effortless to spot them when looking backwards from any given point in history, looking at a cross section of charts between BTC, LTC, DOGE, SHIB, and ETH. Of course many more coins could be added to this watchlist, but these are the coins I primarily see consistent predictable patterns emerge in.
This next epoch should trend up for a short little while, then down with some teasing upwards jolts, only to crash and dash peoples' dreams, before a sudden parabolic rise to stardom, and then some mid-level "cash in" events.
All of this narration is based on perspective. What I'm saying here is not mentioning external events, but it is entirely possible that some other bank could collapse, or another SBF is revealed, and everything goes into a wilder period of volatility than I'm already anticipating.
It is clear that the markets are changing direction very soon, with some "oomph." The forecast from this perch says that there are going to be some wild swings before the ultimate Moonshot. These wild swings will be a day-trader's best friend or worst enemy, and people who don't pay much attention to it will fare the best because they won't be seeing their capital value swing wildly in value from hour to hour and day to day, and in a month or a few months, they can check their balance and see that their capital has increased, perhaps doubled or perhaps increased even more.
As usual, I will be watching the emerging patterns, and I think I'll be able to look back in some months to be able to show how this "swing" of the market pendulum worked out, and what to expect for the next one.
And as with most any time that I mention the positive and optimistic side of the perspectives I have regarding cryptocurrencies, I am obliged and dutiful to mention that I believe that cryptocurrencies could crash at any moment, and everybody who has any funds tied up in them is risking losing everything they have invested into cryptocurrencies, for many many reasons. I believe this is an inevitable fortune for this technology, and I believe we are already seeing parts of the system collapse, and when the next big influx of interest takes place, when the next Moonshot becomes evident, if for no other reason aside from overloading the system, it's likely to struggle and eventually fail in totality, despite all the hype.
What is more sad than all of us fools losing our God-given dollars in a system we all knew was doomed to crash is all the people who are investing their time and money into these systems and do not realize that it's going to crash, or the governments who are adopting "trustless" computer networks which are unproven and a spawn and sibling of cryptocurrencies and those who developed them, or the banks and corporations who are all betting big on blockchain technology and "artificial intelligence" technology, even though it's all very new, untested, and proven to have many flaws and failures already.
It is only sad to lose money that you cannot afford to lose. You ought not invest necessary money into cryptocurrencies, nor should you be investing other peoples' money or electricity or resources to make yourself richer. But if you are honestly doing the work God gave you, and He has provided money for you to invest into cryptocurrencies for the sake of usury and profit, then by all means, crank out those funds and give back to God what is already His. Losing extra money to the collapse of cryptocurrency is not a big deal. It's the time that cannot be recovered. Losing money is immaterial in the grand view. But the time we spend thinking and discussing and being concerned about our funds and the state of our profits or losses is time that can easily be lost into nothingness, and become sinful.
Jesus has words which we need to keep in our hearts and at the forefront of our minds today, His words are so very often counter-cultural for most of us who grow up in America or other "civilized" nations today:
19 Lay not up for yourselves treasures upon earth, where moth and rust doth corrupt, and where thieves break through and steal:
20 But lay up for yourselves treasures in heaven, where neither moth nor rust doth corrupt, and where thieves do not break through nor steal:
21 For where your treasure is, there will your heart be also.
22 The light of the body is the eye: if therefore thine eye be single, thy whole body shall be full of light.
23 But if thine eye be evil, thy whole body shall be full of darkness. If therefore the light that is in thee be darkness, how great is that darkness!
24 No man can serve two masters: for either he will hate the one, and love the other; or else he will hold to the one, and despise the other. Ye cannot serve God and mammon.
25 Therefore I say unto you, Take no thought for your life, what ye shall eat, or what ye shall drink; nor yet for your body, what ye shall put on. Is not the life more than meat, and the body than raiment?
26 Behold the fowls of the air: for they sow not, neither do they reap, nor gather into barns; yet your heavenly Father feedeth them. Are ye not much better than they?
27 Which of you by taking thought can add one cubit unto his stature?
28 And why take ye thought for raiment? Consider the lilies of the field, how they grow; they toil not, neither do they spin:
29 And yet I say unto you, That even Solomon in all his glory was not arrayed like one of these.
30 Wherefore, if God so clothe the grass of the field, which to day is, and to morrow is cast into the oven, shall he not much more clothe you, O ye of little faith?
31 Therefore take no thought, saying, What shall we eat? or, What shall we drink? or, Wherewithal shall we be clothed?
32 (For after all these things do the Gentiles seek:) for your heavenly Father knoweth that ye have need of all these things.
33 But seek ye first the kingdom of God, and his righteousness; and all these things shall be added unto you.
34 Take therefore no thought for the morrow: for the morrow shall take thought for the things of itself. Sufficient unto the day is the evil thereof.
Matthew 6.19-34
