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Renowned crypto analyst Bluntz, known for his predictions regarding Dogecoin 
$0.219598 (DOGE), forecasts that the memecoin could reach historic levels during a bull market. With 300,100 followers on the social media platform X, Bluntz expresses that the price of Dogecoin is set to increase significantly, surprising many investors. His technical analyses serve as an essential reference point for those interested in the cryptocurrency market.
Expectations for Historical Peaks in DOGE/BTC Pairing
Bluntz evaluated Dogecoin’s performance against Bitcoin 
$107,513, asserting that the DOGE/BTC ratio will hit an all-time high in the current cycle. Utilizing Elliott Wave theory in his analyses, he predicts this ratio will reach 0.00002 BTC, representing an approximate increase of 373%. According to him, the DOGE/BTC pairing will achieve a historical peak in this cycle, with expectations based on the 1.618 extension measurement.
Bitcoin’s $140,000 Level and Dogecoin’s Target
Bluntz anticipates that Bitcoin will exceed $100,000 in this cycle, projecting that it could reach around $140,000. He believes this increase will directly contribute to the dollar value of Dogecoin. Currently trading at $0.445, Bluntz indicates that Dogecoin’s actual target is $2.20, with its value positively influenced by Bitcoin’s rise.
Importance of the Dogecoin and Bitcoin Relationship
According to the analyst, Bitcoin’s performance in the bull market is critical for Dogecoin. Bluntz’s predictions have generated excitement among Dogecoin investors, yet he emphasizes the need for caution, given the volatile nature of cryptocurrency markets. This insightful analysis presents new opportunities for investors, but it is advised that they support Bluntz’s views with their own research, as Dogecoin’s future continues to be shaped by market dynamics and technical analyses.
