$BTC In such an environment, risk assets, which Dogecoin is very much one of, aren’t expected to perform particularly well.
Thanks to its growing narrative as “digital gold” and a safe haven, Bitcoin is looking perky, and nearing a retest of 100,000 USD .
That, plus the aforementioned favorable chart patterns, could suggest that a medium-term bottom is in for the Dogecoin price.
If Bitcoin pushes back above 100,000 USD and towards a retest of its record highs around 108,000 USD , the Dogecoin price can continue to recover.
