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Bitcoin Bitcoin (BTC) $118,645.94 ↑ 0.32%
Ethereum Ethereum (ETH) $3,855.51 ↑ 0.93%
XRP XRP (XRP) $3.21 ↑ 0.27%
Tether USDt Tether USDt (USDT) $1.00 ↓ -0.04%
BNB BNB (BNB) $848.24 ↑ 6.67%
Solana Solana (SOL) $191.49 ↑ 2.56%
USDC USDC (USDC) $1.00 ↓ -0.01%
Dogecoin Dogecoin (DOGE) $0.24 ↑ 0.50%
TRON TRON (TRX) $0.33 ↑ 1.47%
Cardano Cardano (ADA) $0.82 ↓ -0.44%
Hyperliquid Hyperliquid (HYPE) $44.89 ↑ 5.07%
Sui Sui (SUI) $4.20 ↓ -4.36%
Stellar Stellar (XLM) $0.43 ↓ -1.50%
Chainlink Chainlink (LINK) $18.89 ↑ 0.18%
Hedera Hedera (HBAR) $0.28 ↓ -2.26%
Bitcoin Cash Bitcoin Cash (BCH) $589.91 ↓ -1.08%
Avalanche Avalanche (AVAX) $27.09 ↑ 7.97%
Litecoin Litecoin (LTC) $112.71 ↓ -0.94%
Toncoin Toncoin (TON) $3.37 ↑ 1.16%
UNUS SED LEO UNUS SED LEO (LEO) $8.97 ↓ -0.15%
Shiba Inu Shiba Inu (SHIB) $0.00 ↓ -0.21%
Ethena USDe Ethena USDe (USDe) $1.00 ↓ -0.04%
Uniswap Uniswap (UNI) $10.81 ↑ 0.63%
Polkadot Polkadot (DOT) $4.19 ↑ 0.58%
Monero Monero (XMR) $326.98 ↑ 1.15%
Bitget Token Bitget Token (BGB) $4.67 ↑ 1.55%
Pepe Pepe (PEPE) $0.00 ↑ 0.76%
Dai Dai (DAI) $1.00 ↓ -0.02%
Cronos Cronos (CRO) $0.14 ↑ 4.40%
Aave Aave (AAVE) $300.49 ↑ 1.23%
Ethena Ethena (ENA) $0.67 ↑ 5.29%
Bittensor Bittensor (TAO) $426.64 ↓ -0.82%
NEAR Protocol NEAR Protocol (NEAR) $2.92 ↑ 0.02%
Ethereum Classic Ethereum Classic (ETC) $22.66 ↓ -1.28%
Pi Pi (PI) $0.45 ↑ 0.51%
Ondo Ondo (ONDO) $1.04 ↓ -0.83%
Internet Computer Internet Computer (ICP) $5.81 ↑ 1.85%
Aptos Aptos (APT) $4.89 ↑ 1.04%
OKB OKB (OKB) $49.12 ↑ 1.83%
Bonk Bonk (BONK) $0.00 ↑ 5.95%
Mantle Mantle (MNT) $0.82 ↓ -0.25%
Kaspa Kaspa (KAS) $0.10 ↓ -3.56%
Pudgy Penguins Pudgy Penguins (PENGU) $0.04 ↓ -1.30%
POL (prev. MATIC) POL (prev. MATIC) (POL) $0.24 ↓ -0.63%
Algorand Algorand (ALGO) $0.28 ↓ -1.50%
Arbitrum Arbitrum (ARB) $0.46 ↑ 1.94%
GateToken GateToken (GT) $18.23 ↑ 2.18%
Render Render (RENDER) $4.31 ↑ 0.27%
VeChain VeChain (VET) $0.03 ↓ -0.48%
World Liberty Financial USD World Liberty Financial USD (USD1) $1.00 ↓ -0.02%
Worldcoin Worldcoin (WLD) $1.20 ↑ 2.25%
SPX6900 SPX6900 (SPX) $2.24 ↑ 8.84%
OFFICIAL TRUMP OFFICIAL TRUMP (TRUMP) $10.22 ↑ 0.12%
Sky Sky (SKY) $0.10 ↓ -0.08%
Sei Sei (SEI) $0.34 ↓ -1.23%
Cosmos Cosmos (ATOM) $4.93 ↑ 2.56%
Filecoin Filecoin (FIL) $2.75 ↑ 1.60%
Jupiter Jupiter (JUP) $0.60 ↑ 3.48%
Artificial Superintelligence Alliance Artificial Superintelligence Alliance (FET) $0.75 ↑ 1.80%
Flare Flare (FLR) $0.02 ↑ 1.49%
Story Story (IP) $5.67 ↑ 4.20%
Injective Injective (INJ) $15.76 ↑ 3.38%
Quant Quant (QNT) $126.93 ↓ -0.41%
XDC Network XDC Network (XDC) $0.09 ↑ 2.02%
Celestia Celestia (TIA) $2.03 ↑ 0.89%
KuCoin Token KuCoin Token (KCS) $11.52 ↑ 0.08%
First Digital USD First Digital USD (FDUSD) $1.00 ↓ -0.03%
Optimism Optimism (OP) $0.81 ↑ 11.13%
Fartcoin Fartcoin (FARTCOIN) $1.38 ↑ 1.75%
Curve DAO Token Curve DAO Token (CRV) $0.99 ↓ -6.91%
Stacks Stacks (STX) $0.84 ↑ 0.88%
Four Four (FORM) $3.48 ↓ -0.31%
FLOKI FLOKI (FLOKI) $0.00 ↓ -0.54%
Immutable Immutable (IMX) $0.59 ↑ 0.65%
dogwifhat dogwifhat (WIF) $1.12 ↑ 3.51%
Ethereum Name Service Ethereum Name Service (ENS) $29.89 ↓ -3.39%
The Graph The Graph (GRT) $0.11 ↑ 1.61%
PancakeSwap PancakeSwap (CAKE) $3.13 ↑ 11.64%
Lido DAO Lido DAO (LDO) $1.15 ↑ 3.25%
Kaia Kaia (KAIA) $0.17 ↑ 0.72%
Virtuals Protocol Virtuals Protocol (VIRTUAL) $1.55 ↓ -2.51%
Pump.fun Pump.fun (PUMP) $0.00 ↑ 1.53%
Conflux Conflux (CFX) $0.19 ↑ 3.63%
Sonic Sonic (S) $0.34 ↑ 0.57%
Tezos Tezos (XTZ) $0.90 ↑ 1.05%
PAX Gold PAX Gold (PAXG) $3,334.57 ↓ -0.71%
Theta Network Theta Network (THETA) $0.92 ↑ 1.53%
Vaulta Vaulta (A) $0.58 ↓ -0.63%
PayPal USD PayPal USD (PYUSD) $1.00 ↓ -0.03%
Raydium Raydium (RAY) $3.30 ↑ 6.98%
JasmyCoin JasmyCoin (JASMY) $0.02 ↓ -0.56%
Nexo Nexo (NEXO) $1.32 ↑ 0.37%
IOTA IOTA (IOTA) $0.21 ↓ -1.56%
Gala Gala (GALA) $0.02 ↑ 1.49%
Tether Gold Tether Gold (XAUt) $3,334.55 ↓ -0.42%
The Sandbox The Sandbox (SAND) $0.31 ↓ -0.98%
Pyth Network Pyth Network (PYTH) $0.14 ↑ 3.33%
Aerodrome Finance Aerodrome Finance (AERO) $0.89 ↓ -1.50%
Pendle Pendle (PENDLE) $4.61 ↑ 4.52%
Jito Jito (JTO) $2.06 ↑ 1.89%
Bitcoin Bitcoin (BTC) $118,645.94 ↑ 0.32%
Ethereum Ethereum (ETH) $3,855.51 ↑ 0.93%
XRP XRP (XRP) $3.21 ↑ 0.27%
Tether USDt Tether USDt (USDT) $1.00 ↓ -0.04%
BNB BNB (BNB) $848.24 ↑ 6.67%
Solana Solana (SOL) $191.49 ↑ 2.56%
USDC USDC (USDC) $1.00 ↓ -0.01%
Dogecoin Dogecoin (DOGE) $0.24 ↑ 0.50%
TRON TRON (TRX) $0.33 ↑ 1.47%
Cardano Cardano (ADA) $0.82 ↓ -0.44%
Hyperliquid Hyperliquid (HYPE) $44.89 ↑ 5.07%
Sui Sui (SUI) $4.20 ↓ -4.36%
Stellar Stellar (XLM) $0.43 ↓ -1.50%
Chainlink Chainlink (LINK) $18.89 ↑ 0.18%
Hedera Hedera (HBAR) $0.28 ↓ -2.26%
Bitcoin Cash Bitcoin Cash (BCH) $589.91 ↓ -1.08%
Avalanche Avalanche (AVAX) $27.09 ↑ 7.97%
Litecoin Litecoin (LTC) $112.71 ↓ -0.94%
Toncoin Toncoin (TON) $3.37 ↑ 1.16%
UNUS SED LEO UNUS SED LEO (LEO) $8.97 ↓ -0.15%
Shiba Inu Shiba Inu (SHIB) $0.00 ↓ -0.21%
Ethena USDe Ethena USDe (USDe) $1.00 ↓ -0.04%
Uniswap Uniswap (UNI) $10.81 ↑ 0.63%
Polkadot Polkadot (DOT) $4.19 ↑ 0.58%
Monero Monero (XMR) $326.98 ↑ 1.15%
Bitget Token Bitget Token (BGB) $4.67 ↑ 1.55%
Pepe Pepe (PEPE) $0.00 ↑ 0.76%
Dai Dai (DAI) $1.00 ↓ -0.02%
Cronos Cronos (CRO) $0.14 ↑ 4.40%
Aave Aave (AAVE) $300.49 ↑ 1.23%
Ethena Ethena (ENA) $0.67 ↑ 5.29%
Bittensor Bittensor (TAO) $426.64 ↓ -0.82%
NEAR Protocol NEAR Protocol (NEAR) $2.92 ↑ 0.02%
Ethereum Classic Ethereum Classic (ETC) $22.66 ↓ -1.28%
Pi Pi (PI) $0.45 ↑ 0.51%
Ondo Ondo (ONDO) $1.04 ↓ -0.83%
Internet Computer Internet Computer (ICP) $5.81 ↑ 1.85%
Aptos Aptos (APT) $4.89 ↑ 1.04%
OKB OKB (OKB) $49.12 ↑ 1.83%
Bonk Bonk (BONK) $0.00 ↑ 5.95%
Mantle Mantle (MNT) $0.82 ↓ -0.25%
Kaspa Kaspa (KAS) $0.10 ↓ -3.56%
Pudgy Penguins Pudgy Penguins (PENGU) $0.04 ↓ -1.30%
POL (prev. MATIC) POL (prev. MATIC) (POL) $0.24 ↓ -0.63%
Algorand Algorand (ALGO) $0.28 ↓ -1.50%
Arbitrum Arbitrum (ARB) $0.46 ↑ 1.94%
GateToken GateToken (GT) $18.23 ↑ 2.18%
Render Render (RENDER) $4.31 ↑ 0.27%
VeChain VeChain (VET) $0.03 ↓ -0.48%
World Liberty Financial USD World Liberty Financial USD (USD1) $1.00 ↓ -0.02%
Worldcoin Worldcoin (WLD) $1.20 ↑ 2.25%
SPX6900 SPX6900 (SPX) $2.24 ↑ 8.84%
OFFICIAL TRUMP OFFICIAL TRUMP (TRUMP) $10.22 ↑ 0.12%
Sky Sky (SKY) $0.10 ↓ -0.08%
Sei Sei (SEI) $0.34 ↓ -1.23%
Cosmos Cosmos (ATOM) $4.93 ↑ 2.56%
Filecoin Filecoin (FIL) $2.75 ↑ 1.60%
Jupiter Jupiter (JUP) $0.60 ↑ 3.48%
Artificial Superintelligence Alliance Artificial Superintelligence Alliance (FET) $0.75 ↑ 1.80%
Flare Flare (FLR) $0.02 ↑ 1.49%
Story Story (IP) $5.67 ↑ 4.20%
Injective Injective (INJ) $15.76 ↑ 3.38%
Quant Quant (QNT) $126.93 ↓ -0.41%
XDC Network XDC Network (XDC) $0.09 ↑ 2.02%
Celestia Celestia (TIA) $2.03 ↑ 0.89%
KuCoin Token KuCoin Token (KCS) $11.52 ↑ 0.08%
First Digital USD First Digital USD (FDUSD) $1.00 ↓ -0.03%
Optimism Optimism (OP) $0.81 ↑ 11.13%
Fartcoin Fartcoin (FARTCOIN) $1.38 ↑ 1.75%
Curve DAO Token Curve DAO Token (CRV) $0.99 ↓ -6.91%
Stacks Stacks (STX) $0.84 ↑ 0.88%
Four Four (FORM) $3.48 ↓ -0.31%
FLOKI FLOKI (FLOKI) $0.00 ↓ -0.54%
Immutable Immutable (IMX) $0.59 ↑ 0.65%
dogwifhat dogwifhat (WIF) $1.12 ↑ 3.51%
Ethereum Name Service Ethereum Name Service (ENS) $29.89 ↓ -3.39%
The Graph The Graph (GRT) $0.11 ↑ 1.61%
PancakeSwap PancakeSwap (CAKE) $3.13 ↑ 11.64%
Lido DAO Lido DAO (LDO) $1.15 ↑ 3.25%
Kaia Kaia (KAIA) $0.17 ↑ 0.72%
Virtuals Protocol Virtuals Protocol (VIRTUAL) $1.55 ↓ -2.51%
Pump.fun Pump.fun (PUMP) $0.00 ↑ 1.53%
Conflux Conflux (CFX) $0.19 ↑ 3.63%
Sonic Sonic (S) $0.34 ↑ 0.57%
Tezos Tezos (XTZ) $0.90 ↑ 1.05%
PAX Gold PAX Gold (PAXG) $3,334.57 ↓ -0.71%
Theta Network Theta Network (THETA) $0.92 ↑ 1.53%
Vaulta Vaulta (A) $0.58 ↓ -0.63%
PayPal USD PayPal USD (PYUSD) $1.00 ↓ -0.03%
Raydium Raydium (RAY) $3.30 ↑ 6.98%
JasmyCoin JasmyCoin (JASMY) $0.02 ↓ -0.56%
Nexo Nexo (NEXO) $1.32 ↑ 0.37%
IOTA IOTA (IOTA) $0.21 ↓ -1.56%
Gala Gala (GALA) $0.02 ↑ 1.49%
Tether Gold Tether Gold (XAUt) $3,334.55 ↓ -0.42%
The Sandbox The Sandbox (SAND) $0.31 ↓ -0.98%
Pyth Network Pyth Network (PYTH) $0.14 ↑ 3.33%
Aerodrome Finance Aerodrome Finance (AERO) $0.89 ↓ -1.50%
Pendle Pendle (PENDLE) $4.61 ↑ 4.52%
Jito Jito (JTO) $2.06 ↑ 1.89%
Home Cryptocurrency

Ali Martinez Evaluates Bitcoin and Dogecoin: What’s Next?

Emma Veress by Emma Veress
6 October 2024
in Cryptocurrency
Reading Time: 1 min read
0
Bitcoin BTC and Dogecoin DOGE market analysis The image should feature the Bitcoin and Dogecoin logos with charts or g

Crypto analyst Ali Martinez recently shared his insights on Bitcoin (BTC), Dogecoin (DOGE), and the broader market, pointing to some key metrics and potential scenarios for the near future.

Table of Contents

Toggle
  • A Bullish Outlook for Dogecoin?
    • YOU MAY BE INTERESTED
    • Is Dogecoin Price Ready for a Major Move? Double Bottom Pattern Points to $0.42
    • Bitwise CIO Says Bitcoin Rally Coming in 2026, Halving Cycle No Longer Relevant
  • Bitcoin at a Critical Level

A Bullish Outlook for Dogecoin?

Martinez began by focusing on Dogecoin, outlining a potential bullish scenario for the meme coin. According to the analyst, the number of large-scale transactions on the Dogecoin network continues to increase. This trend could indicate that institutional investors and DOGE whales are positioning themselves for a price surge. If this momentum continues, Dogecoin may see significant upward movement in the coming weeks.

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a market evaluation theme for Bitcoin BTC and Dogecoin DOGE The image should feature both logos prominently with a magn

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Bitcoin at a Critical Level

Martinez also drew attention to a lesser-discussed metric concerning Bitcoin. He highlighted that since June 2022, BTC has been trading below the realized price level for short-term investors. This suggests that short-term holders may be inclined to sell off their assets to avoid further losses, potentially triggering a wave of selling pressure.

According to Martinez, the key level to watch is $63,000. If Bitcoin fails to break through this point, it could lead to more short-term selling. At the time of writing, Bitcoin is trading at $62,083, just below the critical level, which makes the next few days crucial for the coin’s price trajectory.

As always, crypto markets remain highly volatile, and investors should be mindful of potential risks.

Tags: Ali MartinezbitcoinBitcoin pricecrypto analystdogecoin
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Emma Veress

Emma Veress

Finance Writer Hello there! My name is Emma, and I'm a daily breaking news journalist covering finance, economics, and crypto on a global scale. I graduated from Eötvös Loránd University with a degree in Communication and Media Studies MA, where I gained a passion for storytelling and analysis. As a journalist, I'm dedicated to providing my readers with accurate and timely news on financial and economic events happening around the world. I believe that by delivering high-quality journalism, I can help people make informed decisions about their finances and investments.

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