By no means is this financial advice however there is a strange corolation between the Bitcoin cycles and Doge cycles.
Note:
It seems that Doge is one cycle behind the bitcoin cycles. Does this mean Doge will have a double top like Bitcoin did last cycle?
The green line has a prediction of when the final Doge top will be based on previous Doge cycles.
The orange lines highlight the Bitcoin halvings.
Prediction:
I am predicting that Dogecoin will have a double top similar to what Bitcoin experienced last cycle. Assuming the Bitcoin ETF is approved in the next two months, I believe that Bitcoin will lead the crypto markets higher as institutional investors finally have their chance to flood the crypto market. Bitcoin will then top out before or during the Bitcoin halving in April of 2024, pulling all other cryptocurrencies lower. The markets will then stabilize after the Bitcoin halving and go into a suckers rally which will be the second top for Dogecoin. Some time between May and June of 2024 the FED will begin cutting rates which will send all of crypto into their respective bear markets. This will also be the start of the recession that everyone have been calling for.
Doge Price Predictions:
Top #1
$3.98 or $15.00
Top #2
$6.74 or $22.00
(In other words, I have no clue)
Again this is not financial advice, just my personal opinion.
Note:
It seems that Doge is one cycle behind the bitcoin cycles. Does this mean Doge will have a double top like Bitcoin did last cycle?
The green line has a prediction of when the final Doge top will be based on previous Doge cycles.
The orange lines highlight the Bitcoin halvings.
Prediction:
I am predicting that Dogecoin will have a double top similar to what Bitcoin experienced last cycle. Assuming the Bitcoin ETF is approved in the next two months, I believe that Bitcoin will lead the crypto markets higher as institutional investors finally have their chance to flood the crypto market. Bitcoin will then top out before or during the Bitcoin halving in April of 2024, pulling all other cryptocurrencies lower. The markets will then stabilize after the Bitcoin halving and go into a suckers rally which will be the second top for Dogecoin. Some time between May and June of 2024 the FED will begin cutting rates which will send all of crypto into their respective bear markets. This will also be the start of the recession that everyone have been calling for.
Doge Price Predictions:
Top #1
$3.98 or $15.00
Top #2
$6.74 or $22.00
(In other words, I have no clue)
Again this is not financial advice, just my personal opinion.