ProCap BTC’s Jeff Park reveals how institutional flows and ETFs could shorten 
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Is Bitcoin shifting to a 2-year cycle?

Market volatility highlights the ongoing sensitivity of cryptocurrencies to 
economic indicators, impacting investor confidence and market stability.
The post Bitcoin drops below $89K, wiping over $100B from the crypto market 
appeared first on Crypto Briefing.

Bitcoin drops below $89K, wiping over $100B from the crypto market

Dogecoin has quietly been trying to find its footing again. The price has 
started to firm up after a period of declines that dragged the meme coin to as 
low as $0.134 in early December, trading around $0.14 to $0.15 and showing 
signs that bearish pressure might be easing. In that backdrop, a recent chart 
analysis shared by crypto analyst BitGuru on X shows that Dogecoin could be 
forming a bullish base, and it offers a possible setup for a rebound towards 
$0.2. A Recovery Attempt Begins To Take Shape The daily candlestick price 
chart shows Dogecoin rebounding from the lower boundary of its demand zone 
after briefly dipping beneath it on December 1. That bounce is significant 
because it represents the willingness to defend the area that held price 
earlier in July and again during the October pullback. This playout means that 
Dogecoin has now created a higher low relative to the November breakdown, and 
this detail means that bullish movement might be moving in. Related Reading: 
The MicroStrategy Of Asia: Japanese Company Announces Plan For Bitcoin And XRP 
Treasury As it stands, Dogecoin&#8217;s price is now pushing back toward the middle 
of the broader range highlighted in green and teal on the chart below. Recent 
bullish candle closes on the daily timeframe show that the Dogecoin price is 
trying to push into that region once again, suggesting that buyers have begun 
testing the strength of mid-range resistance. The chart reflects this pattern 
by displaying earlier price expansions in July and September, both of which 
unfolded after the Dogecoin price created a higher low. Dogecoin Price Chart. 
Source: @bitgu_ru On X Dogecoin On A Path To $0.188 Dogecoin’s higher-low 
structure is the signal BitGuru highlights as the earliest sign that momentum 
may be shifting. Now that the price is now climbing away from the demand zone, 
the first area to watch is the dotted mid-range line on the chart, which is at 
$0.188. A clean move above that level would mean that buyers have regained 
control of the market structure. This could open the door for a broader 
recovery and see Dogecoin returning above $0.20. Related Reading: XRP Price Is 
Performing As Expected; Analyst Reveals What Comes Next At its current price 
of $0.148, the targets at $0.188 and $0.20 represent gains of roughly 27% and 
35%. These levels fall within a range of short-term price targets that 
Dogecoin could realistically reach before the end of the year if there&#8217;s even 
a little bullish momentum. However, Dogecoin’s near-term outlook isn’t just 
about its own chart. Its fate is linked to the broader crypto market, 
especially Bitcoin. Therefore, Dogecoin&#8217;s price action might remain vulnerable 
to more declines and consolidations unless the wider crypto market turns 
bullish again. On the other hand, tentative signs of recovery, including 
rising trading volume, point to a bullish setup for Dogecoin. Featured image 
created with Dall.E, chart from Tradingview.com

Trend Reversal Puts Dogecoin On A Path To $0.188

Spectra launches on Flare, giving users a new way to trade and manage yield by 
splitting fixed and variable returns. Spectra, a yield trading platform, is 
now live on Flare, introducing a new way for users to buy, sell, and…

Spectra debuts on Flare, bringing yield tokenization to the network

SoftBank&#8217;s acquisition of DigitalBridge could accelerate tech infrastructure 
consolidation, enhancing its influence in digital investments.
The post SoftBank negotiating deal to buy DigitalBridge Group: Report appeared 
first on Crypto Briefing.

Cryptocurrency price in KRW