Bitcoin has made a swift recovery after temporarily dropping below $80,000 on Tuesday. The leading cryptocurrency is now approaching the $81,000 level. Dogecoin (DOGE) is trading in the green on Wednesday after experiencing two consecutive days of losses earlier this week. This recovery aligns with a surge in short liquidations over the last 4 hours across the crypto market, hinting at a potential upside shift. Dogecoin should clear above its 200-day Exponential Moving Average (EMA) at $0.1224 for further gains. Dogecoin rebounds amid early signals of a bullish flip DOGE is the second-best performer among the top 10 cryptocurrencies by market, behind Binance’s BNB coin.
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