Dogecoin’s price has taken a tumble lately, dropping over 60%, but some investors remain optimistic about its future. They believe the crypto bull market still has legs, and Dogecoin could hit new highs. One analyst even predicts Dogecoin could reach a whopping $10!
Bitcoin’s 4-Year Cycle: The Key
This prediction is based on Bitcoin’s historical 4-year cycle. The analyst, Dima Potts, points out some interesting patterns:
- Bitcoin Peaks and Bottoms: Bitcoin typically peaks about 1064 days after each cycle’s high and bottoms around 1428 days later. This roughly translates to a four-year cycle.
- Predicting the Future: Bitcoin usually peaks around 364 days before the next cycle’s low. This consistent pattern helps predict future movements.
- Dogecoin’s Track Record: Crucially, Dogecoin has historically outperformed Bitcoin in each cycle.
The Timeline and Predictions
Following this pattern, the analyst forecasts:
- Bitcoin’s Peak: Bitcoin could hit $230,000 in early October 2025.
- Dogecoin’s Peak: Dogecoin typically peaks about three weeks after Bitcoin. This suggests a Dogecoin peak around the week of October 27th, 2025.
Even if Dogecoin doesn’t hit $10 this cycle, the analyst believes it will easily surpass $1 based on past performance. The analyst emphasizes patience as key to success in this market.