BTC and DOGE Technical Outlook: Key Price Levels to Watch
Crypto analyst Ali Martinez has assessed the technical outlook for Bitcoin (BTC) and Dogecoin (DOGE), highlighting key price levels investors should watch.
Martinez noted that the $73,880 level for BTC is a crucial threshold for maintaining the bullish scenario. If BTC manages to stay above this region, the next major target indicated by the MVRV price bands could be $100,000.
BTC's current price structure shows similarities to the movements that followed the bear market bottom in 2022, according to Martinez. After breaking its long-term downtrend in 2023, BTC tested its previous August peak, then retreated to around $20,000 before entering a strong bull run.
Martinez believes a similar pattern may be forming again right now. The critical area to watch in this scenario is the peak of approximately $83,000 seen in May 2026. If Bitcoin is rejected around $83,000, the analyst stated that the potential pullback could present the next significant buying opportunity for BTC.
Martinez also stated that a bullish flag pattern may be forming on DOGE's hourly chart. Within the framework of this formation, there is still a possibility that the price will first retrace to the important support level at $0.081, while the critical level for an upward move is $0.090.
The analyst stated that a technical breakout could be confirmed if DOGE closes the hourly candle above $0.090, and in such a scenario, the price could rise to $0.115.