Weakening – Earlybirds Invest https://earlybirdsinvest.com Latest Crypto News Tue, 29 Jul 2025 05:43:11 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.7 https://i0.wp.com/earlybirdsinvest.com/wp-content/uploads/2024/12/cropped-New-Project-2024-12-17T235703.455.png?fit=32%2C32&ssl=1 Weakening – Earlybirds Invest https://earlybirdsinvest.com 32 32 240146708 Dogecoin (DOGE) Dips Again – Healthy Correction or Sign of Weakening Momentum? https://earlybirdsinvest.com/dogecoin-doge-dips-again-healthy-correction-or-sign-of-weakening-momentum/ https://earlybirdsinvest.com/dogecoin-doge-dips-again-healthy-correction-or-sign-of-weakening-momentum/#respond Tue, 29 Jul 2025 05:43:11 +0000 https://earlybirdsinvest.com/dogecoin-doge-dips-again-healthy-correction-or-sign-of-weakening-momentum/ Dogecoin started a fresh decline from the $0.250 zone against the US Dollar. DOGE is now consolidating and might decline below the $0.2220 support.

  • DOGE price started a fresh decline below the $0.2350 level.
  • The price is trading below the $0.2320 level and the 100-hourly simple moving average.
  • There is a bearish trend line forming with resistance at $0.2280 on the hourly chart of the DOGE/USD pair (data source from Kraken).
  • The price could start a fresh upward move if it clears the $0.2280 and $0.2350 resistance levels.

Dogecoin Price Eyes Recovery Wave

Dogecoin price started a fresh decline from the $0.250 resistance zone, underperforming Bitcoin and Ethereum. DOGE declined below the $0.2350 and $0.2320 support levels.

The decline gained pace below the $0.2300 level. A low was formed at $0.2225 and the price is now consolidating losses. There is also a bearish trend line forming with resistance at $0.2280 on the hourly chart of the DOGE/USD pair.

Dogecoin price is now trading below the $0.2320 level and the 100-hourly simple moving average. Immediate resistance on the upside is near the $0.2280 level and the 23.6% Fib retracement level of the downward move from the $0.2486 swing high to the $0.2225 low.

Dogecoin Price

The first major resistance for the bulls could be near the $0.2350 level or the 50% Fib retracement level of the downward move from the $0.2486 swing high to the $0.2225 low. The next major resistance is near the $0.2420 level. A close above the $0.2420 resistance might send the price toward the $0.250 resistance. Any more gains might send the price toward the $0.2550 level. The next major stop for the bulls might be $0.2650.

Downside Correction In DOGE?

If DOGE’s price fails to climb above the $0.2280 level, it could start a downside correction. Initial support on the downside is near the $0.2220 level. The next major support is near the $0.2120 level.

The main support sits at $0.2050. If there is a downside break below the $0.2050 support, the price could decline further. In the stated case, the price might decline toward the $0.1980 level or even $0.1920 in the near term.

Technical Indicators

Hourly MACD – The MACD for DOGE/USD is now gaining momentum in the bearish zone.

Hourly RSI (Relative Strength Index) – The RSI for DOGE/USD is now below the 50 level.

Major Support Levels – $0.2220 and $0.2120.

Major Resistance Levels – $0.2280 and $0.2350.

]]> https://earlybirdsinvest.com/dogecoin-doge-dips-again-healthy-correction-or-sign-of-weakening-momentum/feed/ 0 50258 Weakening of US Dollar Is ‘Good News’ for Bitcoin at This Stage of the Cycle, Says Analyst Jason Pizzino – But There’s a Catch https://earlybirdsinvest.com/weakening-of-us-dollar-is-good-news-for-bitcoin-at-this-stage-of-the-cycle-says-analyst-jason-pizzino-but-theres-a-catch/ https://earlybirdsinvest.com/weakening-of-us-dollar-is-good-news-for-bitcoin-at-this-stage-of-the-cycle-says-analyst-jason-pizzino-but-theres-a-catch/#respond Fri, 18 Jul 2025 15:38:16 +0000 https://earlybirdsinvest.com/weakening-of-us-dollar-is-good-news-for-bitcoin-at-this-stage-of-the-cycle-says-analyst-jason-pizzino-but-theres-a-catch/

Cryptocurrency analyst and trader Jason Pizzino is saying that Bitcoin (BTC) has more upside potential amid a weakening US dollar.

In a new strategy session, Pizzino tells his 353,000 YouTube subscribers that the US dollar is likely to experience “further downside,” a factor that will benefit the price of Bitcoin.

“I think this is good news for Bitcoin at this stage of the cycle…

I’m counting on the US dollar continuing down. And in this stage of the cycle, where Bitcoin still heading up, I would still count on Bitcoin going up with the weakness in the US dollar.”

Pizzino also says the stock market’s current setup, as reflected in the S&P 500 index, is another bullish catalyst for Bitcoin.

“Now, we’re seeing further upside with the S&P 500. Yes, it hasn’t hit a new all-time high today, but the trend is very much up. And generally when it breaks out of the consolidation, especially as it runs into a new fresh all-time high and runs on a clear trend, it’s Bitcoin’s time to also run nice and clean.”

The cryptocurrency analyst and trader, however, says Bitcoin is entering the “final stages of the bull market.” According to Pizzino, the conditions that trigger a bearish reversal are already forming.

“And in this final leg of the market into these highs, still everything looking quite bullish. We’re obviously seeing more companies get into Bitcoin, becoming ‘Bitcoin treasury companies.’

Essentially dead companies with their stock price going up because they hold Bitcoin. And Bitcoin is going up. So don’t necessarily make the profits that the stock price suggests, it’s that they hold an asset with that value going up.

Is there anything wrong with that? Not necessarily. But it does lead to further leverage in the system, which can and generally does unfold at the end of the cycle.”

 

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Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

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]]> https://earlybirdsinvest.com/weakening-of-us-dollar-is-good-news-for-bitcoin-at-this-stage-of-the-cycle-says-analyst-jason-pizzino-but-theres-a-catch/feed/ 0 48358 Weakening dollar and M2 influx set stage for possible Bitcoin surge in H2 https://earlybirdsinvest.com/weakening-dollar-and-m2-influx-set-stage-for-possible-bitcoin-surge-in-h2/ https://earlybirdsinvest.com/weakening-dollar-and-m2-influx-set-stage-for-possible-bitcoin-surge-in-h2/#respond Wed, 02 Jul 2025 14:58:00 +0000 https://earlybirdsinvest.com/weakening-dollar-and-m2-influx-set-stage-for-possible-bitcoin-surge-in-h2/

The United States has reached a new milestone in money circulation, with the M2 money supply climbing to an all-time high.

M2, a key measure that includes cash, checking accounts, savings, and money market deposits, hit $21.94 trillion by the end of May. Year over year, M2 has grown by 4.5%.

US M2 Money
US M2 Money Chart (Source: X/The Kobeissi Letter)

According to analysts from The Kobeissi Letter, this marks the 19th consecutive monthly increase and surpasses the previous peak of $21.86 trillion recorded in March 2022.

Even more telling is the inflation-adjusted M2, which rose 2.1% over the same period. This marks the most significant inflation-adjusted increase in over two years. Since 2020, the US money supply has surged by nearly $7 trillion, representing an increase of roughly 45%.

Meanwhile, the sharp rise in liquidity comes at a time of historic weakness for the US dollar. The Kobeissi Letter notes that the Dollar Index dropped by 10.8% during the first half of 2025.

US Dollar Index
US Dollar Index Chart (Source: X/The Kobeissi Letter)

This represents the worst H1 performance since the collapse of the Bretton Woods system in 1973 and the weakest six-month stretch since 2009.

Analysts say this continuous decline reflects the dollar’s eroding purchasing power and signals long-term structural issues.

What does this mean for Bitcoin?

For the crypto market, especially Bitcoin, this environment could prove pivotal in attracting more capital to the industry.

The rising M2 level is often bullish for the top crypto because it indicates abundant liquidity in the system. That liquidity often finds its way into higher-risk assets, like Bitcoin, when traditional stores of value begin to falter.

While it remains uncertain whether this momentum will spur a continued Bitcoin rally, many investors believe the conditions favor the bellwether digital asset.

Prior to Bitcoin’s recent sideways movements, analysts on Crypto Twitter were sharing screenshots of the M2 supply rise in 2025 (lagged by 90 days) alongside Bitcoin charts almost daily. However, while M2 has continued on its upward trajectory, Bitcoin has stalled recently.

Bitcoin could benefit from a renewed wave of capital seeking returns beyond fiat currencies if the trend realigns.

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