Reason to trust
Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made
Strict editorial policy that focuses on accuracy, relevance, and impartiality
Ad discliamer
Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.
Crypto pundit ÐOGECAPITAL—known on X as @DimaPotts36—circulated a sweeping ten-year weekly chart that projects a late-cycle peak for the meme coin near double-digit territory. “DOGE $10+ DOGECOIN?!” he teased in the accompanying post, setting an audacious tone for what is otherwise a rigorously constructed piece of cycle analysis.
Dogecoin Targets $10 Cycle Peak
Potts’ chart is anchored by a rising, two-point regression channel whose lower rail began at Dogecoin’s 2015–2016 base near $0.0001 and now sits just under $0.12. The upper rail, which has acted as resistance in every prior mania phase, currently extrapolates to roughly $69.42 by late 2025—the level highlighted in red where Potts places the next speculative blow-off.
Inside that corridor, price action forms three successive rounded bottoms, each capped by a descending yellow resistance line and undergirded by a red basing arc. The geometry alone implies mounting compression: the present triangle apex, lying at $0.17, is almost exactly where DOGE has been coiling for months.
The engine driving the forecast is a proprietary dual-wave oscillator rendered as a thicker turquoise wave and a swifter yellow counterpart. Potts explains that “cycle tops have historically printed in two ways: an early top when the yellow wave dips below the green, and a late top when the yellow wave plunges under the horizontal red line at –0.00013.”
Vertical purple bars mark every such event on the price chart. According to his archival reconstruction, the oscillator flashed a late top in February 2014, painted twin peaks in the 2017–2018 run, and signalled only an early top in May 2021 when DOGE notched its record $0.739 high.
The early-cycle signal appeared on March 6 this year—leaving an expected late-cycle breach still on the table. “If this pattern holds,” Potts writes, “a cycle top is likely around the week of October 27th,” a moment the chart underscores with a final purple bar and a white arrow labelled “LATE TOP.”
That date dovetails with the oscillator’s predicted descent below the red threshold (–0.00013) and with the upper channel, which will then hover in the $60–70 range. Potts, however, grounds expectations by flagging $10 as a psychologically resonant milestone—the first round number one logarithmic order higher than the 2021 summit.
Historical symmetry strengthens the call. In both earlier cycles, Dogecoin’s break of the yellow down-sloping lid unleashed vertical rallies that did not culminate until the upper white boundary was tagged. The geometry implies a similar stair-step may be at hand: a weekly close above the current yellow resistance, now parked just below $0.20, would enable a decisive push towards the upper rail. Potts remarks that “each cycle has touched the upper white curved trendline,” pointing to the channel’s remarkable predictive persistence.
Whether the meme coin can repeat its parabolic history will depend on extrinsic factors—Bitcoin’s own halving cadence, global liquidity, and social-media-driven hype—but the oscillator’s track record is unblemished. As Potts puts it, “this indicator has accurately identified all cycle tops for DOGECOIN,” and until it proves otherwise traders will be watching the –0.00013 trigger and the integrity of the channel’s lower rail for confirmation of the next explosive rally for Dogecoin price.
At press time, DOGE traded at $0.18.
Featured image created with DALL.E, chart from TradingView.com
Jake Simmons, a dedicated crypto journalist, has been passionate about Bitcoin since 2016 when he first learned about it. Through his extensive work with NewsBTC.com and Bitcoinist.com, Jake has become a trusted voice in the crypto community, guiding newcomers and seasoned enthusiasts alike towards a deeper understanding of this dynamic field.
His mission is simple yet profound: to demystify Bitcoin and cryptocurrencies and make them accessible to everyone.
With a professional career in the Bitcoin and crypto scene that began right after graduating with a degree in Information Systems in 2017, Jake has immersed himself in the industry. Jake joined the NewsBTC Group in late 2022. His educational background provides him with the technical prowess and analytical skills necessary to dissect complex topics and present them in an understandable format. Whether you are a casual reader curious about Bitcoin or an investor seeking to navigate the latest market trends, Jake’s insights offer valuable perspectives that bridge the gap between complex technology and everyday usage.
Jake is not just a reporter on technological trends; he is a firm believer in the transformative potential of Bitcoin over traditional fiat currencies. To him, the current financial system is on the brink of chaos, propelled by unchecked government actions and flawed Keynesian economic policies. Drawing from the principles of the Austrian school of economics, Jake views Bitcoin not merely as a digital asset but as a crucial step towards rectifying a failing monetary system. His libertarian views reinforce his stance that just as the church was separated from the state, so too should money be freed from governmental control.
For Jake, Bitcoin represents more than just an investment; it’s a peaceful revolution. He envisions a future where Bitcoin fosters a sustainable and responsible financial framework for generations to come. His advocacy is not about opposition but about evolution, about laying the groundwork for a system that prioritizes transparency and equity over secrecy and inequality.
As a journalist, Jake’s articles are crafted with the precision of a scholar and the passion of a true believer. He provides not only news but also thoughtful analysis that connects the dots between daily developments and larger economic theories. His work is a beacon for those lost in the technical jargon often associated with crypto discussions, illuminating the practical implications and benefits of these technologies.
In summary, Jake Simmons is not just reporting on a revolution; he wants to be part of it, fully committed to enhancing public understanding and adoption of Bitcoin and cryptocurrencies. His work is more than just a collection of articles; it’s a resource, a guide, and a companion for anyone ready to explore the potential of this digital frontier. Whether you are taking your first steps into crypto or are a veteran looking to stay on top of the latest trends, Jake’s insights provide clarity and foresight in an often unpredictable industry. Join him on this journey to reshape the world of finance, one post at a time.
You can engage with his latest takes on Twitter: @realJakeSimmons.
Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.
