Bluntz, a recognized crypto analyst and “Master Trader” on the Bybit platform, has painted an optimistic picture for Dogecoin 
$0.367171 (DOGE). The analyst expressed that the popular meme coin recently shows potential for further upward movement.
New Path Established for Dogecoin
In a post on the social media platform X, where he boasts 291,000 followers, Bluntz noted that Dogecoin has completed a technical correction against Bitcoin (BTC) 
$90,857. Based on Elliott Wave theory, the analyst indicated that a strong upward trend could follow such a correction.
“The DOGE/BTC pair is starting to gain strength again. It has surpassed the low levels of wave A and completed a clear ABC correction. I expect an upward movement to begin from this stage,” he stated.
Bluntz predicted that the DOGE/BTC pair could reach 0.000008 BTC. According to him, this increase could create a new momentum for DOGE.
Bitcoin Targets $100,000
Bluntz also made an optimistic forecast for Bitcoin. He stated that BTC has entered a new upward trend consisting of five waves, believing the price could rise to $100,000. He reminded that the current price is $90,227, adding, “So far, everything is proceeding according to plan.”
The analyst also provided a positive outlook for another popular meme coin, Pepe (PEPE). He expressed that PEPE could rise to $0.00003, emphasizing that the strength of this asset should not be underestimated, with the current price at $0.0000214.
“The magical PEPE movements are always surprising,” he pointed out.
While the cryptocurrency markets are characterized by high volatility, analysts’ comments offer crucial insights for traders. Bluntz’s predictions might serve as guidance for those looking to invest in Dogecoin and Bitcoin. However, it is essential to remember that investment decisions should be based on personal research.
