Bitcoin nears the $70,000 mark, arousing investor interest, but analyst Ali warns of a possible price decline.
Analyst Ali suggests Dogecoin (DOGE) may hit $1 based on its historical Descending Triangle pattern. Prior occurrences of this pattern followed by consolidation have led to significant gains, hinting a potential 525% growth in the coming weeks if the trend repeats and DOGE breaks out of its current sideways movement.
An analyst named Ali suggests that the Bitcoin MVRV pattern indicates a potential buying opportunity for investors, according to a post on X.
Analyst Ali predicts a 54% value rally for PEPE if it closes outside its current price range, due to a symmetrical triangle pattern on its one-day chart indicating a potential breakout. The pattern suggests an equilibrium between bulls and bears, with a breakout likely as the price nears the triangle's apex.
