The big pancake $BTC $ETH is about to welcome a new high-breaking market! The historical repetition is astonishingly similar!
Currently, the market trend over the past few months has greatly mirrored the trend of 2023, where October saw a surge followed by a very strong upward consolidation, with a fluctuating upward rhythm. Finally, around January 10th, the ETF went live and reached its peak.
This time, it also started to take off in October, with upward consolidation beginning in late November and early December, with too many buyers, preventing a drop. Therefore, it is very likely that it will surge again towards 120-140,000 in January, coinciding with the inauguration dates of Trump and Musk. I think the probability of this trend taking shape is quite high.
In the short term, it will be affected by various news, such as tomorrow evening when the world's largest company by market value, Microsoft, will hold a meeting to discuss whether to invest in Bitcoin. The outcome is unknown; if approved, Bitcoin could see at least a 10% surge, while if not approved, it might experience a slight pullback.
So the general direction is to see a peak of 120-140,000 by January 20th, and Dogecoin will benefit from this as well. In the short term, we can look forward to the Microsoft meeting this Tuesday evening, hoping everything goes smoothly. $DOGE