A closely followed crypto analyst is expressing bullish sentiment on Dogecoin (DOGE) as he forecasts the potential path forward for Bitcoin (BTC).

一位備受關注的加密貨幣分析師在預測比特幣（BTC）的潛在前景時表達了對狗狗幣（DOGE）的看漲情緒。

Starting with Dogecoin, the analyst pseudonymously known as DonAlt tells the 58,200 subscribers of the TechnicalRoundup YouTube channel that it “isn’t too unlikely” for the leading memecoin by market cap to reach a price of $1, a potential gain of roughly 554% from the current level.

從狗狗幣開始，化名 DonAlt 的分析師告訴 TechnicalRoundup YouTube 頻道的 58,200 名訂閱者，市值領先的模因幣價格達到 1 美元“不太可能”，潛在收益約為 554%當前水平。

Dogecoin is trading at $0.153 at time of writing.

截至撰寫本文時，狗狗幣的交易價格為 0.153 美元。

The pseudonymous analyst says that he is bullish on Dogecoin due to the memecoin’s recent price action against Bitcoin which suggested strong support.

這位匿名分析師表示，他看好狗狗幣，因為迷因幣最近對比特幣的價格走勢表明了強勁的支撐。

“The reason why I found DOGE interesting is because it it kind of dipped back into support on the BTC chart.”

“我之所以覺得 DOGE 很有趣，是因為它在 BTC 圖表上回落至支撐位。”

On what would invalidate his bullish thesis for Dogecoin, DonAlt says,

關於什麼會讓他對狗狗幣的看漲論點失效，DonAlt 表示，

“Invalidation down here somewhere [above $0.05], target up there [$1]… I think that’s not the worst… especially when it was trading at $0.12 or $0.13, because that’s literally just 20% away from $0.10 which would be the optimal entry.”

「這裡的某個地方失效了[0.05美元以上]，那裡的目標是[1美元]……我認為這還不是最糟糕的……特別是當它的交易價格為0.12美元或0.13美元時，因為這實際上距離0.10美元只有20%的距離，這將是最佳入場點。 ”

On Bitcoin, DonAlt says the trend appears bullish despite the double-digit correction from the all-time high of over $73,000 reached earlier this month.

DonAlt 表示，儘管比特幣較本月初達到的 73,000 美元以上的歷史高點出現了兩位數的回調，但比特幣的趨勢似乎看漲。

“Generally speaking, we’re still in a massive uptrend. This is a massive, massive uptrend. So, dips are for buying and I think if you’re going to get a pullback and if the monthly [chart] basically plays out bearishly, the best you can hope for on a bearish kind of view would be retracing most of [February monthly] candle [that runs from $41,800 to $64,000].”

「總的來說，我們仍處於大幅上升趨勢。這是一個巨大的、巨大的上升趨勢。因此，逢低買入是有利的，我認為如果你要回調，並且月度[圖表]基本上表現看跌，那麼你對看跌觀點的最好期望就是回撤大部分[2月月度圖表]。 ] 蠟燭[價格從41,800 美元到64,000 美元]。”

According to the pseudonymous analyst, if Bitcoin falls below the $60,000 support level, the next support level is around 22% below the current price.

這位匿名分析師表示，如果比特幣跌破 6 萬美元的支撐位，下一個支撐位將比目前價格低 22% 左右。

“That’s my bearish view… if we close the [March] monthly [candle] red and then on the weekly time frame you do have, and this is basically the support everyone keeps talking about, you do have this $52,000 support.”

「這是我的看跌觀點......如果我們關閉[3月]月度[蠟燭]紅色，然後在每週時間框架內，你確實擁有，這基本上是每個人都在談論的支撐，你確實有52,000美元的支撐。”

Bitcoin is trading at $66,964 at time of writing.

截至撰寫本文時，比特幣交易價格為 66,964 美元。