Both Dogecoin (Doge) and Bitcoin (BTC), two tokens that have been doing extremely well, are due to BTC’s powerful momentum. Altcoins are also reacting to the positive pace of Bitcoin, bringing new prices and ATHs for many tokens.
This is how Bitcoin and Dogecoin may fare over the weekend. Both of these coins could reach a new peak, given the high volume of influx this season.
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Bitcoin Price Forecast for This Weekend
Bitcoin broke a record when it surpassed the $88k level and now sits at $90k. The token is currently trading at $87vaK but BTC’s quest to reach $90-$92K again continues. Bitcoin’s price has soared past predictions due to the US election, where Trump emerged as the winner. VancEck is the largest asset company and has forecasted that BTC will reach $180K at the end of the year.
As per CoinCodexBTC could surge by up to 9%, reaching a price of $95,000.
Bitcoin could reach a staggering $106, 000 by the end of the month. This would represent a 20% increase.
“According to our current Bitcoin price prediction, the price of Bitcoin is predicted to rise by 21.20% and reach $106,333 by December 14, 2024. Per our technical indicators, the current sentiment is bullish while the Fear & Greed Index is showing 88 (extreme greed). Bitcoin recorded 18/30 (60%) green days with 8.41% price volatility over the last 30 days. Based on the Bitcoin forecast, it’s now a good time to buy Bitcoin.”
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Dogecoin Predictions for this Weekend
Dogecoin has also been a very successful cryptocurrency in the past few months. Dogecoin’s popularity has been soaring in the last few months for two major reasons. First, due to the price surges of Bitcoin, all altcoins are enjoying a bullish market. This is bringing gains to investors.
Elon Musk was appointed as head of DOGE, Department of Government Efficiency (DOGE), by the US election results. Musk, who is known as “the Dogefather”, is expected to bring new changes to the world. Bitcoin is being pushed up by the anticipation of these changes.
You can also find out more about Per CoinCodexDogecoin’s price may rise 4%, to $0.37.
CC, however, predicts that the coin will drop by 7% at the end of the month.
“According to our current Dogecoin price prediction, the price of Dogecoin is predicted to drop by -7.61% and reach $0.345314 by December 15, 2024. Per our technical indicators, the current sentiment is bullish, while the Fear & Greed Index is showing 88 (extreme greed). Dogecoin recorded 20/30 (67%) green days with 41.00% price volatility over the last 30 days. Based on the Dogecoin forecast, it’s now a good time to buy Dogecoin.”
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Source: watcher.guru
