Dogecoin

Parabolic

Bitcoin

Rise

You can also read this news on COINTURK NEWS: <a href="https://en.coin-turk.com/ali-martinez-predicts-dogecoins-significant-rise/" data-wpel-link="internal" rel="noopener noreferrer nofollow">Ali Martinez Predicts Dogecoin’s Significant Rise</a> 
Crypto analyst Ali Martinez suggests that Dogecoin (<a href="https://en.coin-turk.com/dogecoin-co-creator-billy-markus-reveals-his-bitcoin-holdings/" data-wpel-link="internal" rel="noopener noreferrer nofollow">DOGE</a>) is poised for a substantial rise. He highlights a bullish signal on the weekly chart based on the Tom Demark (TD) Sequential indicator. Martinez emphasizes the necessity for patience among participants in the market during this period.
<h2 style="text-align: justify" id="strong-expectations-of-parabolic-rise-in-dogecoin-strong">Expectations of Parabolic Rise in Dogecoin</h2>
Martinez explains that the TD Sequential indicator generates buy and sell signals based on closing prices over specific timeframes. He notes that DOGE has shown bullish signals on this indicator over a nine-week period, similar to signals observed before significant rises in 2017 and 2020.
“Just as in 2017 and 2020, DOGE will test your patience during this parabolic rise!” Martinez states, projecting further increases despite a short-term correction signal. He mentions that if DOGE reaches the upper boundary of a major ascending channel, the meme coin could soar to $14. Currently, DOGE is trading at around $0.42.
<h2 style="text-align: justify" id="strong-bitcoin-s-100-000-expectations-and-mining-costs-strong">Bitcoin’s $100,000 Expectations and Mining Costs</h2>
Martinez remains optimistic about Bitcoin (BTC) as well. He indicates that Bitcoin is trading at $96,523, noting that many expect a correction at the $100,000 level, but the market often moves contrary to expectations. “Don’t be surprised if BTC continues to rise beyond $95,000!” he remarks.
Additionally, he points out that Bitcoin’s average mining cost is $90,524, stressing that historically, BTC does not fall below this cost during a bull run. This suggests that current Bitcoin levels provide a strong support point.
Ali Martinez’s analysis indicates bullish potential for both DOGE and BTC in the <a href="https://en.coin-turk.com/crypto-market-awaits-key-developments-this-week/" data-wpel-link="internal" rel="noopener noreferrer nofollow">crypto</a> markets. It is advised that participants monitor these indicators closely. Particularly for DOGE, patience may prove to be a crucial factor, while mining costs and market expectations could play a critical role for BTC.
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Ali Martinez Predicts Dogecoin’s Significant Rise

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