Part 2 of DOGE vs BTC
Weekly candles, zoomed all the way to the beginning of the trackable orderbooks.
Bitcoin's halvening seems to trigger an immediate "alt season" pump, and DOGE always benefits massively, claiming higher lows as a store of value.
Let's be clear- nobody originally wanted to DOGE to ever be considered a store of value- that's why it has infinite emissions (a slowly dripped never ending supply).
In fact, the original idea was to make fun of Bitcoin's purity as a digitally scarce asset!
So it's fundamentally strange to me that this inflationary asset continues to gain value against it's disinflationary older cousin.
Oh well- hope you enjoy this one. DO NOT BASE YOUR TRADES OFF OF THIS!
Bitcoin's halvening seems to trigger an immediate "alt season" pump, and DOGE always benefits massively, claiming higher lows as a store of value.
Let's be clear- nobody originally wanted to DOGE to ever be considered a store of value- that's why it has infinite emissions (a slowly dripped never ending supply).
In fact, the original idea was to make fun of Bitcoin's purity as a digitally scarce asset!
So it's fundamentally strange to me that this inflationary asset continues to gain value against it's disinflationary older cousin.
Oh well- hope you enjoy this one. DO NOT BASE YOUR TRADES OFF OF THIS!
Publications connexes
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.