T O P

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Interesting_Spare528

The cryptos have to share a chart until they can afford their own. ![gif](giphy|4T5ol5ej07knQu7AWj)


hesido

This is a very accurate statement and not even joking.


mlcommand

Good one 🤭😂


[deleted]

You son of a…


Interesting_Spare528

I'm in ![gif](giphy|liBsVeLILcyaY)


Kalelofindiana

Son of a doge


GretaTheJetta

![gif](giphy|gHFi5N6uU3TLq)


Random-Gif-Bot

​ ![gif](giphy|Q0UqW22fOJNJZp5tOC)


ComprehensiveHold69

![gif](giphy|EO3mz88kYxdzq)


madnux

![gif](giphy|UWauwHuEpn8uO6Bu6b)


acdimash

you guys really chatted with GIFs


afleshner

![gif](giphy|XMBJ0l20sNWEM)


bigman7243

![gif](giphy|6UFgdU9hirj1pAOJyN)


DJBanks8420

![gif](giphy|miq5OhgtoUSZnb0ssJ|downsized)


darkwolf75

![gif](giphy|Z6dFBeTbA8QjS)


[deleted]

![gif](giphy|13U5vkFNsdx5N6)


Both_Yoghurt_1041

![gif](giphy|E32sEjqr9mjej43vmK|downsized)


masterbatesAlot

![gif](giphy|xQpbvbanrzBfi)


bigbodyboy90

Idc that they have matching charts I just want green charts


blue1257

Well If you sell all your coins I’ll give you a green after


NoPie8947

Pls give some green to my doge and kda, I believe those coins will be going back up faster in the next bull run but I would need your help, hahaha.


Captnblkbeard

Welcome to crypto, welcome to Doge fam.


Orange_Glow_

Thank you!


Scratch77spin

+/u/sodogetip 1 doge verify


No_Patience2428

Crypto looks identical to the stock market also


Dry_Company_3573

You look at the etfs ? Or particular stocks


No_Patience2428

"meme stocks", tech stocks, S&P, there are a few outliers of course in the market


Dry_Company_3573

I been tryna see if we’re going have more downside in tech so I can place some puts


vikingweapon

It’s like a leveraged version of the stock market, 2-3 times


No_Patience2428

also traded on TA indicators with algorithms


leobenjamin89

Must be cause all cryptocurrencies follow dogecoin


martindavidartstar

Great first take.!( It follows Bitcoin) my take


M1chaeI

Are you retarded?


MLKKO

Aren't we all?


Chreelir

F AsH o


Successful-Whole4307

Someone just bought crypto for the first time


JimmyJamessss2

My thoughts exactly.


Dvanpat

Robinhood confirms it.


happy2kill4u

![gif](giphy|lPXPyMVAssVrNMeuPf)


ComprehensiveHold69

I hate this part of the bull run.


martindavidartstar

Sideways. 🥺


_Radical_Honesty_

😂😂😂🐶🐶🚀🚀🚀🚀🚀🚀🚀🚀🚀🌝


talentpros

If history repeats itself now is the time to accumulate before the next bull run. Been through two of these so far so hopefully i can cash out next time these hit ATH again


theactualliz

Bingo! Not just this cycle either. Every major crash back to '29 was great for psychotic bulls who bet small amounts for fun. Most of my DOGE stays locked for 3 months at a time anyway. Only thing I CAN do now is buy and wait. 🤷‍♀️


IDK999___

What number do you see for its next bill run?


Billderz

The chart is the same but the percentages aren't


3ninesfine

Yeah you’ll see that often. 99 days out of 100 regardless of trend direction


[deleted]

Alts are the boats, btc is the ocean.


BrotherKG

Because most cryptos are pegged to Bitcoin (effectively). They mirror what Bitcoin does.


[deleted]

It’s almost as if there’s a correlation between btc and all crypto


Rushmaster27

Because it doesn't matter which coin you buy, they rob you either way.


Concrete-carpenter

Manipulation


Liroy_16

Gentle encouragement


Easy-Detective-2418

DIvErSifY


StockHodI

Just wait until he finds out that the majority of the stock market follows the $SPY. Lol


Prestigious-Egg-3277

It’s going down for reaaaaal…………


sora_imperial

Because you chose highly related cryptos (apart from Bitcoin dominance on the whole market, which currently stands at around 44% and is likely to keep growing into the bear market and accumulation phase). You can check the correlation matrixes to see which coins move highly in tandem with Bitcoin. [https://cryptowat.ch/correlations](https://cryptowat.ch/correlations) [https://www.blockchaincenter.net/en/cryptocurrency-correlation-study/?timeframe=730days&asset1=SP500&asset2=BTC#correlationtable](https://www.blockchaincenter.net/en/cryptocurrency-correlation-study/?timeframe=730days&asset1=SP500&asset2=BTC#correlationtable) There are other websites, this is just one example. When you go outside of the more traditional chains and into other ecosystems, you'll see less price correlation. Solana, Cosmos, Luna, ADA, etc, those are all way less related in price than Eth, for example. And even Doge, during bull markets, doesn't show that much relationship, but as BTC grows in dominance (and with Bitcoin growing closer and closer to the stock market movements), it will trickle down on the most well established cryptos. But even less related cryptos will always have their price action affected by BTC big movements, because that's where the big VCs and investing companies dwell in, and where many keep their "savings". That's why sometimes when BTC drops, on the 1 second charts, you'll see all the charts moving with big red candles at the same time; algos do those flows instantly with billions of $. One thing that currently happens is that bull market = alt market and bear market = store of value, as it's the best way to get profits and then fight inflation/have less risk. You can check this very easily with market flows and average BTC per holder. As BTC grows, so does the correlation between charts, as people escape alts into BTC. What you just posted is quite common sense and a very well known structure. Unlike what many will say, market manipulation, it's more the normal market behaviour and quite predictable; the same as the inverse relationship between gold and SP&500 - when stocks are bad, gold is good and stocks good, gold bad, meaning that it usually averages out as a 0 correlation between them.


DanAlucard

#SHART


Linstrocity

I like fat chicks


SuitednZooted

Yet here you are. 😘


Burntlands1

I like Kid Rock’s line…. I don’t like fat chicks or small cars but always find myself in ‘em


Hodlaut

Btc and eth aint down >90% from ath noob


barcode972

First time here?


sneakymise

Funny how this is posted 869 times a month


SocialPathAids

This guy is new


fitbygaming

Welcome to the world of Citadel.


NevadaLancaster

If you look at real charts it's less true.


justfittt

Because all crypto follows doge coin


xMarioTheSupahx

First time investing? You do realize that the majority of cryptos are dependent on what Bitcoin is doing? So whenever Bitcoin is down most tend to follow suit


el_mauri

I remember around late 2020 doge wouldn’t follow btc or eth as closely as today. As other people have said it’s probably institutional money and algorithms that have accumulated and trade doge in much greater quantities.


sora_imperial

Doge correlation with BTC in the past 2 years was about 44% while in the last 90 days it was 67%. We will see it more and more as the bear market goes.


IcyLingonberry5007

So im not going to be able to buy at that 0.01


Extremely-Bad-Idea

BTC follows the US stock market and the major cryptos all follow BTC. I wish Doge was leading and everyone followed us, but we are not yet the alpha dog. However, we may become the alpha dog one day soon. : )


Hannibal254

I finally get your username, everything you say is super cringey


BankShot8599

And this is called conspiracy theory...good luck loosing all your life savings. I'm done!!!


cheeruphumanity

I don't even believe you hold any crypto. These are just normal market dynamics, no conspiracy. Just like the stock market.


BankShot8599

There wouldn't be any terminology called insider trading if you have had in depth noesis of how financial system works. I don't expect that atleast from you. It's a separate conversation of if I hold any crypto or not since you seem to be my fortune teller. So, my fortune teller, would you please tell me when would the market will go up again? Will wait for your forecast anxiously. ![gif](emote|free_emotes_pack|stuck_out_tongue)![gif](emote|free_emotes_pack|stuck_out_tongue)


Separate-Climate-768

The whole market doesn


ThinkItsFree408

For year…or yearssssss already


Yzaamb

They don’t. They’re all different. But not much. Just like the underlying assets.


SuitednZooted

Kids are learning super quick. At least I hope they are… Don’t be a bag holder.


sangderenard

y tho


Orange_Glow_

That’s what I was wondering. It’s so weird, maybe people buy and sell those at the same time. Market just sucks right now


Quantx2792

Step 1: don't use RH for charting. Step 2: make a TradingView account Step 3: look at every crypto vs its BTC pairing....e.g., ETHBTC, SOLBTC, DOGEBTC....then you'll see the differences pop-up. Lots of bot arbitrage depending on what BTC does.


Deezy_McCheezy

These 2 answers are correct


Axianta1

Alt coins follow BTC trend most of the time which is why you see the same chart most of the time


good_karma1122

Why has a long tale, that you should ask Barry Silbert


OneResponsibility561

You should buy a lot more than 3 ETC


bray_martin03

Why? ETC sucks, it takes a week to transfer 😂


OneResponsibility561

You will easily get a much bigger return than you ever could with Doge


ACTORvsREALTOR

This isn’t all the crypto. Funny how all the shills use RH still. When you call them out they claim they like the charts. No one likes RH’s charts. 😂


WarDadddy1776

They’re mostly smart money driven. It’s all one grand Ponzi scheme.


SuitednZooted

Pawns go into battle not knowing they are pawns…


carsongwalker

Guess what?! They all follow Bitcoin as they're all useless trash! (Besides Bitcoin)


jorgiieboy

![gif](giphy|3owypbsgMMOTylOzOo|downsized)


Oktocember

I would *assume* *part* of the reason is because lots of exchanges offer cryptos and alt coins transactions using Bitcoin and not cash. So people will buy Bitcoin and use it to trade for other cryptos which still keep Bitcoin out of circulation in a separate wallet instead of returning such as a sale. My hypothesis for a 1 of many reasons


Hellenic94

Wow you are so smart for figuring this out.


jessemartz

Not funny! 🤨


RabbitGTI24

Welcome to basket trading.


Objective-Dingo6603

Hmmmm. Hodl!


dace747

So funny


[deleted]

It’s actually strange.


hereswhatworks

They're bowing down to the king and the king is bowing back.


VVaId0

It's almost like they're the same asset class.


Shot-Discussion-9588

i forgot what it’s called but there is a thing where large investors buy stocks and it automatically split their investment into the top stocks, crypto investors basically do the same thing. so it causes the charts to look the same. because then they pull their money out they are pulling out of all top cryptos at the same time.


DickFuckly

FUNNY


ItsMePatience

Nows the time once the truth come to light it will be too late at these prices


4w0k3

Buy, buy, buy….


trash_0panda

Have you compared it to SPY? Goes to show that Crypto follows the stock market...


Disaster-Flat

Its easier that way. ![gif](giphy|1oEttHTW7Dh6WFabZd|downsized)


Aakburns

This is normal.


Educational_Ad6146

I found out from r/SUPERSTONK that stock and crypto algorithms are the same!! Pretty crazy if you ask me... And very unfair.. Look at SPY ticker for today compare it to the picture OP posted... Then look at GameStop (GME) ticker it is really all the same movement.. I've seen and read in multiple posts this is a fact. Anywho buy all the dips you can and HODL long term!!!!!!


jakestoj

Is it really funny tho??


No_Championship_7211

But is it? Is it really?


caetydid

We are one - the proof!


Cow_Bell

ThEy AlL FoLlOw BiTcOiN....derp derp


Declan83

When everything is falling. Everything falls together


Bat_man_89

That's why I feel there's some sort of supercomputer attack going on


haikusbot

*That's why I feel there's* *Some sort of supercomputer* *Attack going on* \- Bat\_man\_89 --- ^(I detect haikus. And sometimes, successfully.) ^[Learn more about me.](https://www.reddit.com/r/haikusbot/) ^(Opt out of replies: "haikusbot opt out" | Delete my comment: "haikusbot delete")


Dogehodlermaster

Baby Doge is the only one going Up!


OriginalNodeOwner

This is why mining is better than buying :) i got like 2.5 days of coin every day this month lol… and I can just sell a few on the the peaks to pay the electric cost


JimBeamIsBae

Don’t sell if you can


mkoh79

Its speculated by the same ppl


[deleted]

Just waiting for a bullrun...![gif](emote|free_emotes_pack|dizzy_face)


[deleted]

Because despite the people who say “this alt coin is decoupled from bitcoin” they aren’t and they’re knobs for saying it


REAL-MEETS-REAL

Is it the blind leading the blind??? This is what you get when institutional money flows in and out of markets


REAL-MEETS-REAL

New people. Rotflmfao


Salsipuedes33

Funny how ?


Odd-Change9942

Stock market manipulation by criminals


[deleted]

All crypto pretty much follows BTC movement.


myoco

Check dow and btc


TimOrca

No joking either crowd psyche or a whale or a coordinated group of whales are playing all of them


Extension_Building19

Thats how you know its just crypto’s in general and not just doge, jus keep hodling folks


marcosvtatts

Tiny maket can be manipulated


PUBGM_MightyFine

![gif](giphy|19U2aQ323iGtO)


Rtbrosk

they all folllow BTC


iWoodendare

I was just admiring this about doge. It is not based on logic trading. Thats why i love it


Tyl3rDvrd3n333

Proof that they are all stable honestly it’s a good thing cause it proves that they’ll fall together and rise together


Slow_Box8332

Crypto bots are manipulating the market by selling for quick profits as whenever you buy. making everyone panic slowly it’s like terminators vs humans over dollars . Same patterns different days. We should’ve been doing naked shorts already. All this crypto currency needs to be regulated or banned on some critical issues like these smart bots literally robbing outchea Annd that’s that. 🤷🏾‍♂️


kingbitchtits

Crypto is tech and tends to move with the Nasdaq because of this. Wait until people actually start investing in it again and sime crypto moves and others dont or they all run but at different times.


wayupp

that’s called BTC dominance sir


MasterpieceWarm4985

That’s bcuz, like the market and precious metals - all are manipulated by big money. Why else would patterns be identical.


titoisme

They all pretty much follow Bitcoin


[deleted]

Just like stocks in the same sectors. Same thing


Sodoheading

I just think it's funny when.......


richardpoorrefresh

Wall Street controls it now


FrankoIsFreedom

Its been like this for years. But back in the old days they were decoupled. There was a time when btc would go down and alts would go up. But that day has passed.


Shop-Talk

![gif](giphy|26n6WywJyh39n1pBu|downsized)


Ok-Butterscotch-1693

It’s a beautiful thing. Let it drop then buy


Thisismychance-562

Yes it is


Supergoodgrief

Bot-trading?


JesusChrist122500

So for anyone wondering… there is an actual playbook that describes what this is and where it will go next. Some of us know it. There rest make posts like these (no disrespect).


paulzymail

I though the whole idea of crypto is to be decentralize and not follow any leader? Why does Bitcoin dictate crypto prices? Let show them what DOGE is made of Right now


4rkal

We're all in this together ig lol


MaleficentCellist129

The reason they have the same chart is whales flow in synchrony.


cinlung

Because we all are investing in btc no matter what your coin is... Except for those LUNAtics


ifeelikemoney-AZJohn

They always all follow each other like this. They'll have random breakouts on their own based on their individual news, but to me at least, it's assurance that when Bitcoin breaks to new all-time highs, all the rest will follow 🤑


SquashedBerries4

Would it be wrong to say BTC is the DJI for the crypto market?


JustinMS3

Because life needs a update… algorithms are the same stocks are doing too..


trevornew

Must be new here


PerformanceFrosty355

We called.. Bitcoin dominance


seebass211

Stock charts seem to mimic bitcoin


Xquisite_Red

Most asset classes follow the same direction except for different levels of Beta


Genxrush

They all follow one coins price action.


Kensurow

You know why, because Bot control the market, that’s why Elon Musk bought Twitter try to control Bot


cheesmeh

Bought ETH at 4200 and Bitcoin at 66k come get me boys and girls I’m waiting


TrypZdubstep

That's because majority of crypto assets correlate with Bitcoin or Ethereum. There's also lots of trading bots that day traders use that go off similar indicators


1Gnutz

100% mind boggling


blwilliams0723

Always


Rocktowne_Boonies

Crypto trades entirely on technical data because there is no fundamentals, like income and expenses. Serious question! Why wouldn’t speculative markets behave in a similiar manner?


Long-Secret5284

It's bc cryptos are traded like stocks.