After the rapid rise, the Bitcoin price returned to the daily bottom more quickly. After making double-digit gains for the week, DOGE continues the day with a 6% loss due to yesterday’s BTC correction. So how many dollars is the analyst target? What developments concern investors today?
Bitcoin (BTC)
New indirect talks will be held between the USA and Iran in Oman tomorrow. Although Trump says he wants an agreement, he underlines that they can attack at every opportunity if necessary. With US and Chinese markets closed today, crypto is largely left to its own devices. No major US data will be released today.
at 20:45 Fed Bowman, Executive Vice President of Audit, will speak at the American Bankers Association conference held at the JW Marriott Grande Lakes in Orlando, Florida. ECB’s Villeroy will speak about geopolitical fragmentation at the AEFR conference in Paris. It will be a quiet day in terms of news flow. Statements regarding negotiations with Iran may come in the coming hours. The statements coming tomorrow will be watched closely.
BTC At the time of writing, it was at $68,400 and USDT data shows us that capital outflows from cryptocurrencies are continuing.
“USDT market cap is moving in a negative direction. Money is being withdrawn from the cryptocurrency… This is a very negative signal.” – @misterrcrypto
Dogecoin (DOGE)
of x crypto- Although DOGE experienced a double-digit increase following empty rumors that it would support its transactions, this was quickly reversed. We mentioned yesterday that the decline may deepen. Although the general situation of cryptocurrencies indicates that sales may continue here, the analyst with the nickname Trader Tardigrade is hopeful.
“Dogecoin (DOGE) see daily chart trend line backtested. Dogecoin broke above the Downtrend Line, pulled back to retest support, and held perfectly.
This is a typical bullish price action described in textbooks — when an old resistance becomes a new support, confirming the breakout. “If DOGE maintains this level, we can see a strong rise.”
Over-optimism aside, if BTC remains so willing to breach $68,000, DOGE probably won’t be able to maintain $0.1.
