EXPLOSIVE Election Outcome for BTC and DOGE 🐶

Original author：Coin Bureau Trading

Original source：https://www.youtube.com/embed/Cq2QNglqeqs

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In today’s video, we dive into how the upcoming election outcomes could directly impact the crypto markets—especially Bitcoin and Dogecoin. Depending on the results, we could see some explosive movements, and in this analysis, I’ll break down what to expect from both Bitcoin and Doge, regardless of who wins.

We start by looking at the current state of Bitcoin. The four-hour and daily timeframes show some bullish momentum, but it’s important to note that the TBO slow line on the daily is still flat, signaling a lack of strong upward trend in the macro view. However, on the weekly timeframe, things look much more positive—indicating overall strength and momentum for Bitcoin, even if there’s a short-term pullback. I also explain how the RSI on the weekly is approaching the key 70 mark, which would confirm a strong bullish trend.

Then, I explore the potential election outcomes and how they might influence the market. If Trump is elected, we could see a significant Bitcoin pump as traders respond to positive sentiment, potentially causing a short squeeze and pushing BTC above key resistance levels. On the other hand, if Kamala Harris is elected, we might see a pullback, possibly breaking below some critical support levels. Either way, these events are set to trigger major market moves.

Next, we focus on Dogecoin, which is on an impressive uptrend, up nearly 100% in two months. With Elon Musk's involvement in discussions about government efficiency, and DOGE being used as an acronym for the Department of Government Efficiency, Dogecoin is likely to get a lot of attention if Trump wins. Historically, whenever Elon Musk talks about Dogecoin, we’ve seen massive price rallies, and I expect the same if this narrative continues to gain traction.

Finally, I break down key support and resistance levels for both Bitcoin and Doge. For Dogecoin, a successful break above long-term resistance could lead to price targets as high as $0.41, marking an impressive potential gain. I also explain how Fibonacci retracement levels can help in predicting these moves, giving you a better sense of where the market might go next.

If you’re ready to navigate these uncertain times in the crypto market, this video provides the insights you need to make informed decisions. Don’t forget to subscribe for more market updates and analysis!

Chapters:
00:00 Welcome!
00:37 Bitcoin Analysis
07:11 Election Outcome Predictions for BTC
10:36 Why DOGE is primed to PUMP

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🔔 Disclaimer: The information contained herein is for informational purposes only. Nothing herein shall be construed to be financial, legal, or tax advice. The content of this video is solely the opinions of the speaker who is not a licensed financial advisor or registered investment advisor. Trading cryptocurrencies poses considerable risk of loss. The speaker does not guarantee any particular outcome.