Global Macro CEO Raoul Pal has opined that meme cryptocurrency Dogecoin (DOGE) could potentially reach a new high against Bitcoin (BTC).

全球宏觀首席執行官拉爾·帕爾（Raoul Pal）認為，Meme Cryptocurrency Dogecoin（Doge）有可能對比特幣（BTC）達到新的高位。

Pal shared a chart of DOGE/BTC, highlighting a falling wedge pattern, which is known for being a bullish reversal pattern.

PAL分享了Doge/BTC的圖表，突出了一個下落的楔形圖案，該圖案以看漲的逆轉模式而聞名。

Dogecoin (DOGE) is known for its rather uneventful price action during the 2014-2021 period, which was only interrupted by a minor bull market in 2017. However, the cryptocurrency experienced an enormous rally in 2021.

Dogecoin（Doge）以其在2014 - 2021年期間相當平穩的價格行動而聞名，該價格僅在2017年被次要的牛市中斷。但是，加密貨幣在2021年經歷了巨大的集會。

After the 2021 bull market, which saw Dogecoin (DOGE) surge to a high of 0.000017 BTC, the cryptocurrency has been engaged in a rather long-term ranging market.

在2021年的牛市（Dogecoin（Doge）激增至0.000017 BTC）之後，加密貨幣已經參與了一個相當長的長期市場。

Pal appears to suggest that a similar scenario might play out this time around. Another long-term descending channel has now formed, meaning that Dogecoin might be preparing for another massive breakout following years of price consolidation.

PAL似乎暗示這次可能會出現類似的情況。現在已經形成了另一個長期降臨的渠道，這意味著多年來的價格合併後，狗狗幣可能正在為另一個大規模的突破做準備。

The chart shared by Pal shows a bull fag where the massive 2021 rally potentially acts as a flagpole.

PAL共享的圖表顯示了一個公牛的同性戀者，其中大量2021集會可能充當旗桿。

Breaking above the upper boundary of the current descending channel could potentially set the stage for the creation of a new bull flag. In such a case, the leading meme cryptocurrency could potentially surge to the previous high (roughly 0.0017 BTC) and potentially record additional gains.

在當前下降通道的上限上方打破可能為創建新的牛旗奠定基礎。在這種情況下，領先的模因加密貨幣可能會激增至先前的高（約0.0017 BTC），並有可能記錄額外的收益。

Pal has joked that Dogecoin (DOGE) becoming "the hardest currency on earth" would be the most amusing outcome considering its facetious nature.

帕爾開玩笑說，考慮到其開心的性質，狗狗（Doge）成為“地球上最難的貨幣”將是最有趣的結果。