- Written by: Jake Simmons
- Thu, 22 May 2025
- United Kingdom
Crypto analyst Kevin (@Kev_Capital_TA) reaffirmed his bullish outlook for Dogecoin, stating in a live stream that a surge to $1 is absolutely possible this cycleprovided a critical set of macro and market conditions fall into place. Kevin, a rising voice in crypto technical analysis, outlined his thesis in detail, highlighting Dogecoins resilience against Bitcoin and its technical structure as key signals of strength. We were accumulating a spot position in the Patreon at 14 cents. I think the average is 15right at 15 cents even, he said. Congratulations if you got into that play with me. Looking really, really nice. The $1 Dogecoin Dream He pointed to Dogecoins breakout from an inverse head-and-shoulders pattern and its current consolidation within a potential bull flag as technical proof that momentum is buildingif Bitcoin cooperates. If Bitcoin continues to break higher, then this will break higher, Kev noted. If Bitcoin fails, then this will not break higher. It will fail. That correlation underpins Kevs broader framework for altcoin evaluation, which puts Bitcoins macro structure and USDT dominance at the center of any serious analysis. You don’t really want to be doing too much individual TA on altcoins when Bitcoin dominance is at 64%. You’re not going to get very accurate TA, he said. Still, Dogecoin stands apart from the altcoin pack. Kev showed Doge/BTC strength as a key differentiator: Doge versus BTC is holding up much better than a lot of other altcoins. Litecoin versus Bitcoin? Dying. UNI, AVAX, DOT, LINKall dying. Doge is still holding up. That’s why I own it. Thats my baby right there. As for the $1 price target, Kev didnt mince words, but made it clear its not just about charts. It actually would be pretty shocking if it didnt hit a dollaragain, contingent on Bitcoin heading higher, he said. But you need a sustained bull run. You need good monetary policy. You need a good macroeconomic environment. Kev criticized the simplistic analysis plaguing the crypto space, pushing back on the idea that Dogecoin will moon just because this happened last cycle. Instead, he emphasized the importance of understanding economic conditions, inflation trends, Federal Reserve policy, and liquidity access. Were coming out of a macro environment the likes weve never seen before, he said, referencing the Feds historic post-COVID tightening cycle and the uncertainty introduced by new US trade tariffs. Dogecoin can hit a dollar. However, would I say that we have the exact environment we want to say thats a highly probable scenario? Id say were getting therebut we need more. He also downplayed the idea that a potential Dogecoin ETF approval would be a decisive catalyst, unless it happens during a full-blown bull market. If it happens and everythings quiet it probably wont do its thing, he warned. Cryptos about timing. In closing, Kev reiterated the disciplined mindset he teaches his community. Dont just pull up an altcoin chart and say, Well, this bull flag says were going to 32 cents, he said. Watch Bitcoin. Watch USDT dominance. Then look at your pairing charts. Only then should you touch the Doge/USD chart. With a deeply technical roadmap, macroeconomic awareness, and a data-driven approach, Kev made one thing clear: Dogecoins path to $1 isnt hopiumits a real possibility, if the market allows it. At press time, DOGE traded at $0.241. Featured image created with DALL.E, chart from TradingView.com
Dogecoin To $1 Is Absolutely On The Table This Cycle, Says Analyst
Crypto analyst Kevin (@Kev_Capital_TA) reaffirmed his bullish outlook for Dogecoin, stating in a live stream that a surge to $1 is absolutely possible this cycleprovided a critical set of macro and market conditions fall into place.
Kevin, a rising voice in crypto technical analysis, outlined his thesis in detail, highlighting Dogecoins resilience against Bitcoin and its technical structure as key signals of strength. We were accumulating a spot position in the Patreon at 14 cents. I think the average is 15right at 15 cents even, he said. Congratulations if you got into that play with me. Looking really, really nice.
The $1 Dogecoin Dream
He pointed to Dogecoins breakout from an inverse head-and-shoulders pattern and its current consolidation within a potential bull flag as technical proof that momentum is buildingif Bitcoin cooperates. If Bitcoin continues to break higher, then this will break higher, Kev noted. If Bitcoin fails, then this will not break higher. It will fail.
That correlation underpins Kevs broader framework for altcoin evaluation, which puts Bitcoins macro structure and USDT dominance at the center of any serious analysis. You dont really want to be doing too much individual TA on altcoins when Bitcoin dominance is at 64%. Youre not going to get very accurate TA, he said.
Still, Dogecoin stands apart from the altcoin pack. Kev showed Doge/BTC strength as a key differentiator: Doge versus BTC is holding up much better than a lot of other altcoins. Litecoin versus Bitcoin? Dying. UNI, AVAX, DOT, LINKall dying. Doge is still holding up. Thats why I own it. Thats my baby right there.
As for the $1 price target, Kev didnt mince words, but made it clear its not just about charts. It actually would be pretty shocking if it didnt hit a dollaragain, contingent on Bitcoin heading higher, he said. But you need a sustained bull run. You need good monetary policy. You need a good macroeconomic environment.
Kev criticized the simplistic analysis plaguing the crypto space, pushing back on the idea that Dogecoin will moon just because this happened last cycle. Instead, he emphasized the importance of understanding economic conditions, inflation trends, Federal Reserve policy, and liquidity access.
Were coming out of a macro environment the likes weve never seen before, he said, referencing the Feds historic post-COVID tightening cycle and the uncertainty introduced by new US trade tariffs. Dogecoin can hit a dollar. However, would I say that we have the exact environment we want to say thats a highly probable scenario? Id say were getting therebut we need more.
He also downplayed the idea that a potential Dogecoin ETF approval would be a decisive catalyst, unless it happens during a full-blown bull market. If it happens and everythings quiet it probably wont do its thing, he warned. Cryptos about timing.
In closing, Kev reiterated the disciplined mindset he teaches his community. Dont just pull up an altcoin chart and say, Well, this bull flag says were going to 32 cents, he said. Watch Bitcoin. Watch USDT dominance. Then look at your pairing charts. Only then should you touch the Doge/USD chart.
With a deeply technical roadmap, macroeconomic awareness, and a data-driven approach, Kev made one thing clear: Dogecoins path to $1 isnt hopiumits a real possibility, if the market allows it.
At press time, DOGE traded at $0.241.