$DOGE Dogecoin has now spent over 1,550 days below its all-time high — making this the longest downtrend in its history. According to crypto analyst VisionPulsed, the coin is still stuck in what he calls a “forever bearish” pattern, despite hopes of a breakout in the future.
In a detailed video analysis released on August 6, VisionPulsed walked viewers through Dogecoin’s price history, comparing its long consolidation phase to previous market cycles. He explained that while past cycles lasted around 1,100 to 1,200 days, Dogecoin’s current downturn has already passed 1,550 days — a record.
He believes this isn’t just a random statistic — it shows weakness in Dogecoin’s structure compared to stronger large-cap cryptocurrencies.
Why Dogecoin Isn’t Moving Yet
A major part of VisionPulsed’s analysis focused on the global M2 money supply — a key measure of global liquidity and investor appetite for risk. While M2 bottomed out in June, it hasn’t yet surged, which is why Dogecoin hasn’t reacted positively.
> “Dogecoin didn’t move last time until M2 started climbing fast,” he said. “And right now, that hasn’t happened.”
He added that while Ethereum is more sensitive to M2 and has started to show signs of recovery, Dogecoin remains in a state of uncertain consolidation.
There’s still potential for an upside move — especially if DOGE holds its current levels through mid-August. The analyst said this could mimic historical price behavior seen before past rallies.
He also noted that retail interest is extremely low, as seen in metrics like YouTube views — which often indicates that the bottom is near, based on past cycles.
Price Targets: $0.90 to $1.50… or Higher?
Despite current caution, VisionPulsed shared two long-term price targets:
Cautious target: Between $0.90 and $1.14
Speculative target: Between $1.50 and $2.00 (for “moonboys,” as he put it)
He admitted he once believed in a $2 DOGE but now sees $1.50 as a more realistic upper limit, depending on how the macro picture evolves.
> “There’s no timeline,” he said. “The global M2 trend, market sentiment, and altcoin strength must all align before we can see those prices.”
What to Expect in the Coming Months
Historically, the crypto market gains momentum near the end of the year. VisionPulsed mentioned that August to September often brings price surges — and that could still happen if the right conditions develop.
In short, while Dogecoin’s long bearish phase continues, the next few months could be critical. If global liquidity improves and Dogecoin consolidates correctly, we could see a breakout — but patience will be key.