The past few weeks have been a bloodbath for the crypto market. The crash that wiped out over $19 billion in a day following President Donald Trump's anti-China remark around mid-October is still haunting crypto traders.

The past few weeks have been a bloodbath for the crypto market. The crash that wiped out over $19 billion in a day following President Donald Trump's anti-China remark around mid-October is still haunting crypto traders.

Bitcoin (BTC) has lost more than 15% of its value over the last 30 days as it trades at $101,450.62.

Bitcoin (BTC) has lost more than 15% of its value over the last 30 days as it trades at $101,450.62.

Dogecoin (DOGE), the meme coin that parodies Bitcoin, is faring even worse. It has lost more than 35% of its value within a month, trading at $0.1610 at the time of writing.

Dogecoin (DOGE), the meme coin that parodies Bitcoin, is faring even worse. It has lost more than 35% of its value within a month, trading at $0.1610 at the time of writing.

Over the past year, Bitcoin remains in greener pastures, up 33%, while Dogecoin has slipped 17% during the same period. 

Over the past year, Bitcoin remains in greener pastures, up 33%, while Dogecoin has slipped 17% during the same period. 

Analyst sees Dogecoin uptick ahead

Analyst sees Dogecoin uptick ahead

However, there is one crypto analyst who is eyeing an upward trend ahead for the meme coin.

However, there is one crypto analyst who is eyeing an upward trend ahead for the meme coin.

A pseudonymous analyst, who goes by the handle @butterfly_chart on X, shared DOGE's price analysis chart on Nov. 4.

A pseudonymous analyst, who goes by the handle @butterfly_chart on X, shared DOGE's price analysis chart on Nov. 4.

#DOGE is facing the lower boundary of the symmetrical triangle on the 3D chart👀

This zone remains a strong floor for price action — bullish pressure is mounting fast👨‍💻

Stay alert because $DOGE could totally BURST from here🚀 pic.twitter.com/DRREgBWv45

#DOGE is facing the lower boundary of the symmetrical triangle on the 3D chart👀This zone remains a strong floor for price action — bullish pressure is mounting fast👨‍💻Stay alert because $DOGE could totally BURST from here🚀 pic.twitter.com/DRREgBWv45

— Butterfly (@butterfly_chart) November 4, 2025

— Butterfly (@butterfly_chart) November 4, 2025

The chart clearly shows Dogecoin price pattern over the June 2024-November 2025 period forming a symmetrical triangle. It is formed by a series of lower highs (descending upper trendline) and higher lows (ascending lower trendline).

The chart clearly shows Dogecoin price pattern over the June 2024-November 2025 period forming a symmetrical triangle. It is formed by a series of lower highs (descending upper trendline) and higher lows (ascending lower trendline).

Typically, such a pattern indicates a period of consolidation. It is a neutral zone, which means the asset's price can either go up or down further down the line.

Typically, such a pattern indicates a period of consolidation. It is a neutral zone, which means the asset's price can either go up or down further down the line.

In this case, the analyst predicted a bull run ahead for Dogecoin, saying it is facing the lower boundary of the triangle and "bullish pressure" is mounting fast.

In this case, the analyst predicted a bull run ahead for Dogecoin, saying it is facing the lower boundary of the triangle and "bullish pressure" is mounting fast.

"Stay alert because $DOGE could totally BURST from here."

"Stay alert because $DOGE could totally BURST from here."

Disclaimer: The information provided here is for general informational purposes only and should not be considered financial advice. You should consult with a licensed financial advisor before making any investment or financial decisions.

Disclaimer: The information provided here is for general informational purposes only and should not be considered financial advice. You should consult with a licensed financial advisor before making any investment or financial decisions.