Dogecoin Bounce Expected By Analyst Who Called Bitcoin Bottom

Q: How long will it take to read this news story?

The story "Dogecoin Bounce Expected By Analyst Who Called Bitcoin Bottom" has 484 words across 63 sentences, which will take approximately 3 - 5 minutes for the average person to read.

Q: Which news outlet covered this story?

The story "Dogecoin Bounce Expected By Analyst Who Called Bitcoin Bottom" was covered 15 hours ago by NewsBTC, a news publisher based in United Kingdom.

Q: How trustworthy is 'NewsBTC' news outlet?

NewsBTC is a fully independent (privately-owned) news outlet established in 2013 that covers mostly crypto news. The outlet is headquartered in United Kingdom and publishes an average of 4 news stories per day. It's most recent story was published 9 hours ago.

Q: What do people currently think of this news story?

The sentiment for this story is currently Neutral, indicating that people are not responding positively or negatively to this news.

Q: How do I report this news for inaccuracy?

You can report an inaccurate news publication to us via our contact page. Please also include the news #ID number and the URL to this story.<ul><li>News ID: #28394248</li><li>URL: https://goldengate-staging18.beamstart.com/news/dogecoin-bounce-expected-by-analyst-17464386149492</li></ul>

NewsBTC Logo NewsBTC 15h ago

Dogecoin Bounce Expected By Analyst Who Called Bitcoin Bottom - NewsBTC

Quick Summary:

The Dogecoin two-day candlestick chart has returned to the same accumulation shelf that preceded its five-fold burst last autumn, and independent market technician Astronomer (@astronomer_zero) argues the pattern "looks bottomed—early call, and I’m long.” The strategist, who flagged Bitcoin’s April higher-low before it erupted through $69 000, told followers on X that DOGE now offers a "6R+ trade” back into December’s supply wall.

Related Reading: Dogecoin Could Hit $1.42 This Cycle In Bull Case, Says 21Shares None of the hand-drawn arrows pierce the old high, underscoring that the thesis is not predicated on price discovery—only on a mean-reversion to the last heavy supply node.

"It pulled a 5x before retracing for what IMO now has become a higher low.” The projection sketched on the chart anticipates a one to two months sideways chop inside the grey band that caps at roughly $0.175, followed by a staircase advance into the low-$0.30s and an autumn test of the December pivot.