In the last cycle, DOGE-BTC went through approximately 56 days of stagnation (red rectangle) and volatility before it exploded. From there, it increased 84 times in relation to #Bitcoin 🤯
Anyone who invested one #Bitcoin in #Dogecoin at the bottom of the cycle would have ended up with 84 #Bitcoin at the peak.
Now we’re once again in a period of stagnation, which has lasted for 56 days, similarly positioned in relation to the #Bitcoin halving.
What do you think will happen this time?
These are just my observations based on comparisons with similar movements in previous cycles and do not represent any financial advice.
If you appreciate this content, please support me with a follow on my crypto project