A popular crypto analyst, known as TechDev, is predicting a surge in Dogecoin (DOGE) and the broader altcoin market.
Dogecoin to the Moon?
TechDev, who has a large following on social media, believes DOGE is about to repeat a pattern seen in 2020, leading to significant price gains. He’s shared a chart showing DOGE breaking through a key resistance level, which he thinks will trigger a big upward move.
Altcoins Follow Dogecoin
TechDev argues that the altcoin market is closely tied to DOGE’s performance. He says, “As goes DOGE, so goes the alt market.” This means if DOGE rallies, other altcoins are likely to follow suit.
Bitcoin’s Final Push
TechDev also believes Bitcoin (BTC) is nearing the end of its current cycle, and is primed for a final surge. He’s using a metric that compares Chinese 10-year bonds to the US money supply to support his claim.
He’s also shared a chart showing Bitcoin mimicking its 2016 cycle, where it went on a massive rally from around $300 to $20,000.
Disclaimer:
This information is for educational purposes only and should not be considered investment advice. Always do your own research before investing in cryptocurrencies.