🚀 Dogecoin Rising: Short-Term Gains Expected Compared to Bitcoin! 🚀

🔗 Common Ground: Bitcoin and Dogecoin both use the Proof-of-Work (PoW) consensus mechanism, linking them to a trusted blockchain verification method. ⚡

💰 Supply Dynamics: $DOGE has an infinite supply, while Bitcoin is capped at 21 million, making BTC scarce and valuable. 📉📈

📊 Current Stats:

- Dogecoin:$DOGE Trading at $0.12, up 38.19% YTD. 📈

- Bitcoin:$BTC Valued at $61,579, up 39.42% YTD. 📊

🔍 Price Correlation: With a correlation ratio of 0.98, Bitcoin and Dogecoin's price movements are closely linked, offering nearly equivalent returns over time. However, Bitcoin slightly outperforms DOGE. 📉📈

🛑 Sell Wall for Bitcoin: Significant resistance at $62,134 and support at $60,793 suggests BTC might struggle to break $62K and could dip below $60K. 🔻

💪 Support for Dogecoin: Strong support at $0.12 with potential to rise to $0.13-$0.15, indicating a short-term advantage over Bitcoin. 🌟

👉 Ready to capitalize on these insights? Start trading on Binance today!

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