Dogecoin Aims 3x Rally vs Bitcoin After Liquidity Break
Dogecoin (DOGE) has reclaimed key ground against Bitcoin (BTC) after a liquidity sweep knocked out weak positions earlier this year. On the weekly chart, the DOGE/BTC pair broke above a former sell-side liquidity zone at 140–160 sats, prompting analysts to project a potential rally toward 516 sats (0.00000516 BTC)—over 300% above the recent lows. Intermediate resistance sits at 280 and 360 sats against BTC. This move aligns with growing talk of an altcoin season, where altcoins outperform Bitcoin after consolidation. In the short term, some strategists foresee a pullback to 220 sats before a breakout, targeting 260–310 sats. Long-term comparisons to past Dogecoin cycles in 2014, 2017, and 2021 suggest the coin could triple again and challenge its all-time high of $0.7396. Traders now watch for confirmation of the breakout to gauge the next phase of the rally.
Bullish
Dogecoin’s breakout above the weekly liquidity zone signals a return of bullish momentum. Historically, liquidity hunts near support levels—such as the drops in 2014, 2017, and 2021—have preceded major DOGE rallies. The current move aligns with a typical altcoin season pattern, where altcoins outperform Bitcoin following periods of BTC consolidation. Analysts’ price targets at 516 sats (300%+ upside) and intermediate levels at 280–360 sats suggest strong upside potential. Short-term pullbacks to 220 sats may offer buying opportunities, reinforcing trader confidence. If the breakout sustains, DOGE could attract fresh capital flows, boosting market sentiment across other altcoins. In the short term, volatility may increase as traders test support and resistance levels. Over the long term, a confirmed rally could spur a broader altcoin upswing, influencing portfolio allocations away from BTC and into meme coins. Given these factors, Dogecoin’s outlook is bullish, with a high probability of significant gains if market conditions remain favorable.