Bluntz Predicts Optimistic Trajectory for Dogecoin and Bitcoin

Cryptocurrency analyst Bluntz, known as a "Master Trader" on Bybit, offers a positive outlook for Dogecoin (DOGE). He suggests that the beloved memecoin holds substantial potential for further growth in the near term.

Dogecoin's New Path

In a post shared on social media platform X, Bluntz claims that Dogecoin has undergone a technical correction against Bitcoin (BTC). Applying Elliott Wave theory, he emphasizes that these corrections often precede robust upward trends.

"The DOGE/BTC pair is showing signs of recovery. It has breached the lows of wave A and completed an apparent ABC correction. I anticipate an upward movement to commence from this point," he states.

Bluntz projects that the DOGE/BTC pair may ascend to 0.000008 BTC, indicating that this surge could fuel further momentum for DOGE.

Bitcoin's $100,000 Target

Bluntz also expresses optimism for Bitcoin, suggesting that BTC has embarked on a new five-wave upward trend and may surge towards $100,000. He notes that the current price stands at $90,227, adding, "Thus far, events are unfolding as anticipated."

Positive Forecasts for Pepe

Furthermore, Bluntz provides encouraging forecasts for another popular memecoin, Pepe (PEPE). He suggests that PEPE could rise to $0.00003, highlighting that its strength should not be underestimated, given its current price of $0.0000214.

"The remarkable price movements of PEPE are consistently surprising," he remarks.

While cryptocurrency markets are inherently volatile, analysts' insights can provide valuable guidance for investors. Bluntz's predictions may serve as a reference point for those considering Dogecoin and Bitcoin. However, investment decisions should always be based on independent research.