Crypto Ed Believes Bitcoin Bottom Is In And Tesla News Sends Dogecoin Up 20%

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Last Updated on 14 January 2022 by CryptoTips.eu

Jeroen Kok

Jeroen is one of the lead copywriters on Cryptotips.eu and discusses all recent events in the crypto market. This includes news updates, but also price analyzes and more. He developed his passion for cryptocurrency during the bull run in 2017. He has learned a lot since then. The combination of cryptocurrency and creative writing is perfect for Jeroen and an excellent way to share his knowledge with a wide audience. Find me on LinkedIn / [email protected]
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Crypto Ed, the Dutch trader who’s been garnering a mass following on Twitter as he’s provided free (and rather accurate) TA as of late, showed with a couple of charts yesterday why he believes that the turnaround in the crypto market we’ve been seeing in the past few days could mean that the ‘bottom is in’.

The popular analyst has been showing optimism for a few days now, and after a short Twitter break, he is back to tell you that my feeling about “bottom is in” is getting stronger when seeing the Bitcoin chart.

His compatriot CryptoMich, the Twitter handle of another Dutch traders known as Michaël van de Poppe, confirmed this outlook and repeated what he said earlier this week, stating that a $46k would be on the table now. Showing a chart as well, Michaël stated:

This might be a very realistic scenario for Bitcoin. First test of $46K, I doubt we’ll break through in one-go.

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Musk boosts Dogecoin

An Elon Musk tweet this morning (European time) once again boosted his favorite memecoin, Dogecoin. The Tesla and SpaceX CEO stated that as form now, Tesla merch would be buyable with Dogecoin.

Some smaller Tesla products, like the Giga Texas Belt Buckle, the Cyberquad and the Cyberwhistle are as from today all purchasable with Doge on the car company’s website.

forton / Depositphotos.com