Dogecoin price chart signals bullish signals as BTC continues to pump.
DOGE price sets eyes on next trend target of $0.6.
Could altseason arrival send DOGE price above $1 this cycle?
Analysts mark Bitcoin (BTC) price as having entered the super cycle phase after the pioneer crypto asset set two consecutive ATHs of $75,011 and $76,460 in a 24-hour gap. These bullish pumps are likely connected to pro-crypto US Presidential candidate, Donald J. Trump’s victory in the US Presidential campaign.
According to many seasoned analysts, Trump’s win has expedited the arrival of the crypto super cycle meaning new ATHs every day are highly possible bringing back the same sentiment as the glory days of 2020. This is reflected in the Crypto Fear & Greed Index which has entered the ‘Extreme Greed’ sentiment with a score of 77.
Altseaon Bull Run on the Horizon
With greater spirit behind the Q4 $100,000 BTC prediction, analysts and traders prepare to make the best of the golden pocket regions where risky traders made between the US Presidential Election Day and the US Presidential Inauguration Day could lead to highly promising rewards.
https://twitter.com/el_crypto_prof/status/1854258482922287358
Adding on, the bullish sentiment has also seeped into the altcoin market for altseason and is expected to arrive in Q1 of 2025 when altcoins are set to make new ATHs of their own. As we can see from the post above, the analysts mark the start of the price discovery phase for Bitcoin (BTC). He says altcoins will follow soon with 10x speed.
DOGE Prepares to Hit Next $0.6 Target
https://x.com/JavonTM1/status/1854151926260117884
He also adds that this could be the last golden cycle where traders can make fortune-level gains. Presently, many altcoins are showing bullish indicators and Dogecoin (DOGE) is one such asset. The post above says that after an over 110% move, DOGE price neared $0.22 before pulling back just under it. Now higher DOGE target of $0.6 is in play.
The post $0.6 Dogecoin (DOGE) Price Target Comes Into Play as Bitcoin Pump Propels Greater Altcoin Sentiment appeared first on Crypto News Land.
