Is a Dog (Bitcoin) Rally Coming? Here’s What Smart Traders Are Buying Next
The post Is a Dog (Bitcoin) Rally Coming? Here’s What Smart Traders Are Buying Next appeared on BitcoinEthereumNews.com.
While top meme coins like Dogwifhat continue to slide, posting consistent daily and weekly declines, Dog (Bitcoin) is showing surprising resilience. After a brief pullback in the past 24 hours, Dog (Bitcoin) has delivered sharp price spikes—rallying 16% from its low on June 18. Even as Bitcoin shows minor weakness, Dog (Bitcoin) is defying the broader meme coin downtrend, signaling potential short-term momentum in an otherwise cooling sector. However, while some traders are keeping a close eye on Dog (Bitcoin)’s possible rally, others are already positioning themselves for what they see as the next emerging opportunity—Solaxy, a new project quickly stepping into the spotlight. Source – Cryptonews YouTube Channel Dog (Bitcoin) (DOG) Price Prediction Dog (Bitcoin) has recently come under sustained selling pressure. After briefly surging above the $0.0040 level on June 17, the asset quickly reversed and entered a clear downtrend, consistently forming lower highs and lower lows in the days that followed. Although there were notable intraday rebounds—such as a 16% recovery on June 18 and an 8.55% gain earlier today—these short-term spikes failed to break the broader bearish structure. By June 21, the price had pulled back to the $0.0030 range, reflecting that selling pressure remains dominant in the near term. From a technical perspective, Dog (Bitcoin) recently broke out of a falling wedge pattern, a setup typically associated with bullish reversals. However, after the initial breakout and brief rally, the price failed to sustain upward momentum and fell back into a declining trajectory. The projected breakout target of approximately $0.003472 remains technically valid if the asset can stabilize and consolidate near key moving averages, such as the 55 EMA. In the short term, though, the price outlook remains cautious. Additional weakness in Bitcoin could further weigh on Dog (Bitcoin)’s performance, as meme coins typically mirror broader…
Filed under: News - @ June 21, 2025 6:22 pm