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Dogecoin soars 170% after US election victory: Musk’s potential impact on government

After Trump’s recent election victory, Dogecoin skyrocketed 170%, largely due to the influence of Elon Musk. Shortly before the election, Musk posted a cryptic tweet with his photo and the words “Doge, Department of Government Efficiency”, which many interpreted as a buy signal. After Trump’s victory, the market took this as strong support, triggering a huge rally. […]

Bitcoin Rally After U.S. Elections: Challenges in Setting a Stop-Loss Amid Surging Market and Path to $100,000

Bitcoin’s recent post-election rally has challenged traders to set an effective stop loss amidst heightened volatility. With prices pushing toward new highs, the market has entered a “greed” phase where traditional support and resistance levels may be unreliable. Setting a stop loss becomes a delicate task; too close and normal fluctuations can trigger it, cutting […]