Bitcoin (BTC) and Dogecoin (Doge) are both tokens that have performed extremely well due to the strong momentum of BTC. As Bitcoin continues to set new highs, the altcoin market has also responded to its positive price pace, bringing new price points and ATHs to many tokens.
Here’s what to expect from Bitcoin and Dogecoin this weekend. Given the massive influx this quarter, can both coins hit new highs?
Bitcoin price prediction for this weekend
Bitcoin broke an incredible record by surpassing the $88,000 mark to reach $90,000. However, the coin is currently trading back down to $870 million, but despite this, BTC’s journey to break the $9-92,000 mark again is still in full swing. Trump’s emergence as the ultimate winner of the US election helped the price of Bitcoin soar beyond expectations. Leading asset giant VancEck has predicted new price levels for BTC, claiming that the coin can reach $180,000 by the end of this year.
According to CoinCodex, BTC could surge by 9% to reach a new price of $95,000.
The price of Bitcoin could surge 20% to $106,000 by the end of this month.
“According to our current Bitcoin price prediction, Bitcoin price is expected to rise by 21.20% to $106,333 by December 14, 2024. According to our technical indicators, the current sentiment is bullish, while the Fear & Greed Index shows 88 (Extreme Greed). In the past 30 days, Bitcoin has been trending up 18/30 (60%) trading days, with a price volatility of 8.41%. According to the Bitcoin prediction, now is a good time to buy Bitcoin.”
Dogecoin Price Prediction for the Weekend
Dogecoin is another leading cryptocurrency meme coin that has been performing extremely well in the market recently. Dogecoin has received a lot of attention recently for two reasons. Firstly, as Bitcoin surges to new highs, the entire altcoin market is immersed in a bull run, bringing gains to investors due to the surge in BTC prices.
Secondly, the US election has given Elon Musk an important cabinet position and he has been appointed as the head of the Department of Government Efficiency (DOGE). Musk is proudly called "Dogefather" and is expected to introduce new amendments to the field. The anticipation of such changes has also played a key role in driving the price of Bitcoin up.
Dogecoin could surge 4% to a new price of $0.37, according to CoinCodex.
However, CC predicts that the coin will drop by 7% by the end of the month.
"According to our current Dogecoin price prediction, the price of Dogecoin is expected to drop by -7.61% to $0.345314 by December 15, 2024. According to our technical indicators, the current market sentiment is bullish, while the Fear & Greed Index shows 88 (Extreme Greed). In the past 30 days, Dogecoin has been trending up 20/30 (67%) days, with a price volatility of 41.00%. According to the Dogecoin prediction, now is a good time to buy Dogecoin."
The cryptocurrency world has always been a process of survival of the fittest and elimination of the weak! If you don’t want to be eliminated, you must make changes!
Every penny you earn is the manifestation of your understanding of the world; every penny you lose is caused by your cognitive defects. The greatest fairness in this world is that when a person's wealth is greater than his or her own cognition, this society will have 100 ways to harvest you! ! Until your cognition and wealth match each other.
Waiting for a bull market is the most tiring thing!
But if you wait until then, you will know what it means to have sweet things after bitterness. Don’t leave the market, the hard times are coming to an end, and the violent bull market is coming!
