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I am a firm believer that currencies do not move up and down based on buying and selling pressure. Rather, they are controlled based on open futures positions. So, if there are more shorts than longs, the price goes up and if there are more longs than shorts, the price goes down. Here is the proof; Bitcoin is approaching 100k almost and the major altcoins and memes are all in the red including #DOGE: . You can come up with many excuses for the decline of currencies, but you can't find any for DOGE. The whole world is talking about $DOGE , even people who have never dealt with cryptocurrencies are now opening trading accounts and buying as much DOGE as they can. But the price is not going up. Can you please explain; if it is not a scam, then what is it?
#DYOR $DOGE
I am a firm believer that currencies do not move up and down based on buying and selling pressure. Rather, they are controlled based on open futures positions. So, if there are more shorts than longs, the price goes up and if there are more longs than shorts, the price goes down. Here is the proof; Bitcoin is approaching 100k almost and the major altcoins and memes are all in the red including #DOGE: . You can come up with many excuses for the decline of currencies, but you can't find any for DOGE. The whole world is talking about $DOGE , even people who have never dealt with cryptocurrencies are now opening trading accounts and buying as much DOGE as they can. But the price is not going up. Can you please explain; if it is not a scam, then what is it?
#DYOR $DOGE
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