Dogecoin's Path to $1 and Beyond... in Bitcoin's Footsteps?

Hopefully somewhere here you will find a link to my analysis. The price points and dating are ultimately derived from Bitcoin circa 2010 to 2011. I noticed Doge around two months before the end of 2020, and, upon it hitting $0.08, I began to look into it; I found that Doge looked nearly identical to 2010 to 2011 bitcoin, so I looked at the timeframe of Bitcoin's various increases afterwards and applied that to Doge around mid-February of this year. Both Bitcoin and Dogecoin rallied from $0.008 to $0.08, so, upon seeing this, I decided to take the timeframe of $0.08 to $0.40 on Bitcoin and applied that to Doge; this left me with Doge hitting the next ATH of $0.40 around mid-April. When Doge hit the price of $0.40 mid-April—needless to say—I was pretty shocked. They had already both rallied from $0.008 to $0.08—which I found odd—but that had no applicable timeframe or association at the time; that rally randomly occurred to poke at a peculiarity that I later found, which then led me to purposely watch Dogecoin over two months form relatively exactly like Bitcoin up until the next ATH of $0.40. All in all, the fact that Doge—in the domain of price and chart formation—has over time nearly identically resembled early Bitcoin only proves and shows to me that it very likely is going to continue to do so. Doge did rally to $0.70, while Bitcoin did not before the next ATH of $1. This really doesn't have much of an impact on the analysis in my opinion though. After all, they are very relatively following each other, not perfectly. As well, Doge has stabilized back down to the $0.30 range, which is the price range Bitcoin began rising to $1 from. If I were to chock the $0.70 anomaly up to anything it would be the greater scope of attention Doge has than Bitcoin did in 2010, which is only a fantastic thing. There's also other odd and funny random Bitcoin and Doge parallels, such as how very similar in design Doge is to Bitcoin and the fact that Doge's creator has his name as Shibetoshi Nakamoto on Twitter. What other crypto besides Doge seems to have such an innate and fueled feud with bitcoin? What other crypto has memes and social/communal context around it being the thing to take down Bitcoin? And Doge is supposed to be the future currency of Earth and more, just all seems kind of odd to me. Will Doge hit $1? After that $30? What about $200 after that? Time will only tell and so far time has seemed to prove quite in favor.

To explain the image: the inner turquoise lines specifically depict an incoming cup and handle formation on the way to $1, but anything could form; I really only did that because it looked nice and is a bullish indicator. After this, there is a steep drop off to ~$0.60, then a soar to $30. And this all happens from $1, which is around mid-July, to $30, which is around mid-November/EOY. The yellow and pink lines are two displaced lines that fall higher than they should, but show the overall trend from $0.08 to $30. Something that I find funny is that if you notice the turquoise shape that encompasses the entire chart it depicts the same swoop formation that has been depicted in pretty much all of Doge’s recent rises. For example, from $0.36 to $0.72 and from $0.08 to $0.40.

Comment:

Ahhh... nevermind there's the picture; this is my first time doing this, ha.