Dogecoin

bullish

Parabolic

<p>Renowned Bybit analyst Bluntz, known as “Master Trader,” has shared his bullish outlook for <strong>Dogecoin (DOGE)</strong> and a lesser-known Layer-1 protocol, SEI. According to Bluntz, DOGE has completed its correction phase and is entering a parabolic growth trend. Speaking to his 299,300 followers on social media platform X, the analyst predicts DOGE could surpass the $1 mark. Meanwhile, SEI also shows signs of significant upward momentum.</p> 
<p><a href="https://www.qubetics.com/?utm_source=TBJ&amp;utm_medium=postBANNER" target="_blank" rel="noopener nofollow"><img loading="lazy" loading="lazy" decoding="async" class="size-full wp-image-67567 aligncenter" src="https://thebitjournal.b-cdn.net/wp-content/uploads/2024/11/Qubetics-is-728x90-1-3.jpg" alt="Master Trader Reveals: These Two Altcoins Are Set for Parabolic Gains! = The Bit Journal" width="728" height="90" title="Master Trader Reveals: These Two Altcoins Are Set for Parabolic Gains! 51"></a></p> 
<h2 id="doge-and-its-five-wave-rally">DOGE and Its Five-Wave Rally</h2> 
<p>Bluntz employs the <strong>Elliott Wave Theory</strong> to predict DOGE’s price trajectory. This theory outlines a five-wave structure during bullish trends, consisting of three impulsive waves (1, 3, and 5) and two corrective waves (2 and 4). According to Bluntz:</p> 
<p>“DOGE’s fourth wave appears to have concluded. The past two weeks of sideways corrections have caused many to lose interest, but I believe DOGE’s parabolic move has only just begun. Personally, I won’t take profits until we see $1.”</p> 
<p>Currently trading at $0.388, DOGE may experience a sharp rise in the anticipated fifth wave, according to Bluntz.</p> 
<p><img loading="lazy" loading="lazy" decoding="async" class="alignnone size-full wp-image-72414" src="https://thebitjournal.b-cdn.net/wp-content/uploads/2024/11/GdRi1rDaoAIG9Oo.jpeg" alt="Master Trader Reveals: These Two Altcoins Are Set for Parabolic Gains! = The Bit Journal" width="1172" height="1128" title="Master Trader Reveals: These Two Altcoins Are Set for Parabolic Gains! 52"></p> 
<h2 id="sei-a-rising-star-in-layer-1-protocols">SEI: A Rising Star in Layer-1 Protocols</h2> 
<p>In addition to DOGE, Bluntz is eyeing <strong>SEI</strong>, a promising Layer-1 blockchain. The analyst highlights SEI’s performance against Bitcoin (SEI/BTC), noting that it has broken through key resistance levels. He states:</p> 
<p>“Pay attention to assets that barely dip when Bitcoin drops. When BTC resumes its climb, these assets tend to skyrocket. SEI is one of my top picks.”</p> 
<p>Currently priced at $0.685, SEI is poised to ride Bitcoin’s upward momentum, potentially hitting new highs as bullish trends unfold.<img loading="lazy" loading="lazy" decoding="async" class="size-full wp-image-72416 aligncenter" src="https://thebitjournal.b-cdn.net/wp-content/uploads/2024/11/GdRDej2aoAI-DX2.jpeg" alt="Master Trader Reveals: These Two Altcoins Are Set for Parabolic Gains! = The Bit Journal" width="1185" height="768" title="Master Trader Reveals: These Two Altcoins Are Set for Parabolic Gains! 53"></p> 
<h2 id="bitcoin-on-track-for-100k">Bitcoin on Track for $100K</h2> 
<p>Bluntz has also shared his analysis on <strong>Bitcoin (BTC)</strong>, predicting the leading cryptocurrency will surpass $100,000. According to his chart, BTC is likely to undergo a brief consolidation phase before breaking higher.</p> 
<p>“The correction in BTC seems to have ended here. I expect upward movement from this point, and prices may not dip as low as many anticipate,” Bluntz commented.</p> 
<p>With Bitcoin trading near $95,022, Bluntz suggests it is laying the groundwork for its six-figure milestone.<img loading="lazy" loading="lazy" decoding="async" class="size-full wp-image-72418 aligncenter" src="https://thebitjournal.b-cdn.net/wp-content/uploads/2024/11/GdRAVWNaoAQG4We.jpeg" alt="Master Trader Reveals: These Two Altcoins Are Set for Parabolic Gains! = The Bit Journal" width="1196" height="1162" title="Master Trader Reveals: These Two Altcoins Are Set for Parabolic Gains! 54"></p> 
<h2 id="final-thoughts">Final Thoughts</h2> 
<p>Bluntz’s insights into <a href="https://thebitjournal.com/arthur-hayes-predicts-bitcoin-to-250k-and-dogecoins-rise/" target="_blank" rel="noopener">DOGE</a>, SEI, and BTC highlight the dynamic nature of the current crypto market. While the <strong>Master Trader</strong> remains optimistic about these assets, The Bit Journal emphasizes the importance of conducting thorough research and understanding market risks before investing.</p> 
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Master Trader Reveals: These Two Altcoins Are Set for Parabolic Gains!

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