Recently, we analyzed Dogecoin's (DOGEUSD) cycles and explained why we anticipate a sharp parabolic rise soon. Today, we’re bringing you a comparison of those cycles with the flagship of the crypto market, Bitcoin (BTCUSD).
We’ll keep it straightforward because the chart speaks for itself—no need for complex terms or extra details. Every time Bitcoin surpassed its All-Time High (ATH), Dogecoin was undergoing a medium-term correction, still within its Bull Cycle but forming Lower Highs and holding just above the 0.236 Fibonacci retracement level. Once Bitcoin broke out, Dogecoin followed suit, but with much more force, reaching its previous ATH within weeks.
Not only that, but Dogecoin went on to exceed that peak substantially. Now, once again, the market is positioned exactly as it was before in history.
Are you ready for what’s coming?
