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Breaking News: Bitcoin Correction Timeline: Analyst Predicts Potential Bottom In October 2026
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Breaking News: Bitcoin Correction Timeline: Analyst Predicts Potential Bottom In October 2026

Dogecoin Chart Mirrors Silver’s Breakout, Analyst Flags $9+ Scenario

Jake Simmons
Jake Simmons
Last Updated: December 29, 2025 10:00 pm
3 mins read
Dogecoin news

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Silver has staged a historic, late-December breakout, surging from roughly $50 an ounce in mid-November to an intraday all-time high above $83, before easing slightly as traders took profits. Will Dogecoin follow its lead?

At press time, spot silver was holding near $76 after pulling back from the earlier record high of $83.62, with the metal up roughly 181% year-to-date in 2025, an outsized move for the precious-metal. The rally is attributed to a mix of macro and market-structure drivers including expectations for easier US monetary policy in 2026, strong industrial and investment demand, persistent supply shortfalls, and silver’s recent designation as a US “critical mineral,” which added a policy-sensitive supply narrative to an already tight market.

The ‘Silver Fractal’ Pitch For Dogecoin

That silver move is now being used as a visual analog in crypto. X analyst Cantonese Cat (@cantonmeow) posted a side-by-side TradingView comparison suggesting Dogecoin’s 6-month chart resembles silver’s 3-day structure from three weeks ago, implying DOGE could be positioned for a similarly persistent advance if the fractal holds.

Dogecoin vs Silver
Dogecoin vs Silver | Source: X @cantonmeow

In the shared DOGE 6-month panel, Cantonese Cat shows a large selloff candle and frames it as a potential cyclical low. Based on the silver comparison, the interpretation is not “DOGE pumps next week,” but “DOGE trends for years.”

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In the proposed fractal path, the current 6-month candle would mark the bottom, followed by eight additional 6-month candles spanning roughly four years where seven are green and only one is red. The lone red candle is mapped as the third in the sequence, implying the first half of 2027 could be a down half-year even within an overarching uptrend.

If the pattern were to track silver “exactly,” the projected cycle peak would land in the second half of 2029, with a peak price “above $11” in that window.

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Dogecoin Is Repeating Its 2020 Accumulation Cycle, Analyst Says

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How It Fits His Earlier Wave Framework

The comparison follows Cantonese Cat’s earlier Dec. 20 post outlining a longer-horizon DOGE roadmap on the weekly chart. “We’ve already had a 13 month bear market for DOGE, with my working hypothesis of this being likely a wave 2 correction prior to wave 3 explosion,” the analyst wrote. The accompanying weekly DOGE chart labels the prior advance as “Wave 1” and the subsequent decline as “Wave 2,” with a descending trendline drawn across the multi-year structure.

Dogecoin weekly chart
Dogecoin weekly chart | Source: X @cantonmeow

The Dec. 20 weekly snapshot shows DOGE around $0.13160 with retracement levels including 0.382 at about $0.11771, and 0.236 at about $0.08427, with the base (“0”) around $0.04909. Above the current price, the analysis maps 0.5 at about $0.15422 as the next resistance, followed by 0.618 at about $0.20205, 0.707 at about $0.24770, 0.786 at about $0.29681, and 0.886 at about $0.37315, before the 1.0 level near $0.48442.

Above the prior high, the same map plots extension targets often used in Elliott Wave projection frameworks, labeled near 1.272 ($0.90288), 1.414 ($1.24968), 1.618 ($1.99344), 2 ($4.77927), and 2.272 ($8.90771). The implication is conditional: the extensions matter only if DOGE completes the corrective phase and reclaims the prior impulse high.

At press time, DOGE traded at $

Dogecoin price chart
DOGE confirms the red zone as major resistance, 1-week chart | Source: DOGEUSDT on TradingView.com
Featured image created with DALL.E, chart from TradingView.com
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Jake Simmons
Jake Simmons

Jake Simmons

Jake Simmons, a dedicated crypto journalist, has been passionate about Bitcoin since 2016 when he first learned about it. Through his extensive work with NewsBTC.com and Bitcoinist.com, Jake has become a trusted voice in the crypto community, guiding newcomers and seasoned enthusiasts alike towards a deeper understanding of this dynamic field.

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His mission is simple yet profound: to demystify Bitcoin and cryptocurrencies and make them accessible to everyone.
With a professional career in the Bitcoin and crypto scene that began right after graduating with a degree in Information Systems in 2017, Jake has immersed himself in the industry. Jake joined the NewsBTC Group in late 2022. His educational background provides him with the technical prowess and analytical skills necessary to dissect complex topics and present them in an understandable format. Whether you are a casual reader curious about Bitcoin or an investor seeking to navigate the latest market trends, Jake’s insights offer valuable perspectives that bridge the gap between complex technology and everyday usage.

Jake is not just a reporter on technological trends; he is a firm believer in the transformative potential of Bitcoin over traditional fiat currencies. To him, the current financial system is on the brink of chaos, propelled by unchecked government actions and flawed Keynesian economic policies. Drawing from the principles of the Austrian school of economics, Jake views Bitcoin not merely as a digital asset but as a crucial step towards rectifying a failing monetary system. His libertarian views reinforce his stance that just as the church was separated from the state, so too should money be freed from governmental control.

For Jake, Bitcoin represents more than just an investment; it's a peaceful revolution. He envisions a future where Bitcoin fosters a sustainable and responsible financial framework for generations to come. His advocacy is not about opposition but about evolution, about laying the groundwork for a system that prioritizes transparency and equity over secrecy and inequality.

As a journalist, Jake’s articles are crafted with the precision of a scholar and the passion of a true believer. He provides not only news but also thoughtful analysis that connects the dots between daily developments and larger economic theories. His work is a beacon for those lost in the technical jargon often associated with crypto discussions, illuminating the practical implications and benefits of these technologies.

In summary, Jake Simmons is not just reporting on a revolution; he wants to be part of it, fully committed to enhancing public understanding and adoption of Bitcoin and cryptocurrencies. His work is more than just a collection of articles; it’s a resource, a guide, and a companion for anyone ready to explore the potential of this digital frontier. Whether you are taking your first steps into crypto or are a veteran looking to stay on top of the latest trends, Jake’s insights provide clarity and foresight in an often unpredictable industry. Join him on this journey to reshape the world of finance, one post at a time.

You can engage with his latest takes on Twitter: @realJakeSimmons.

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Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

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Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

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