Bitcoin Dogs ($0DOG) price forecast as historical data suggests parabolic rally for Bitcoin in Q4

Bitcoin (BTC) started 2024 on a bullish note, with optimistic developments such as spot exchange-traded funds approval and the halving.While the bellwether crypto wavers around the 60K mark, historical stats show Bitcoin witnesses record surges in Q4 of halving years.Thus, experts predict massive uptrends for BTC in the upcoming month, and new Bitcoin Dogs ($0DOG) looks to capitalize on such trends for extended rallies.Bitcoin Dogs is a new crypto asset that attracted attention during its presale as the first ICO on the Bitcoin blockchain.Bitcoin Dogs became one of the hottest ICOs of 2024 after its successful presale raised over $13.4 million.The early-stage project remains poised for enormous growth as it maintains its initial enthusiasm. Moreover, 0DOG’s close ties to the leading crypto by market cap will alleviate its demand in the crypto world, attracting potential investors and developers.Also, the anticipated Bitcoin rally in the fourth quarter bodes well with 0DOG’s bullish forecasts in the upcoming months. Furthermore, responses from the latest poll show most investors prefer holding the new tokens for long-term.🚀 Poll Time, #BitcoinDogs Fam! 🐶 As $0DOG claims and listings went live today, what’s your strategy?🔹 HODL to the moon 🌝🔹 Trade for quick gains 📈🔹 Buy more if it dips 🛒🔹 Just here to see the fireworks 🎆Cast your vote & let’s see how our pack plays it!— BitcoinDogsClub (@BitcoinDogsClub) August 21, 2024Bitcoin eyes Q4 ATHsThe top crypto by market cap failed to touch new all-time highs after the 2024 halving event, leading most analysts to forecast a parabolic cycle before year-end.We are heading to 130 days since the halving, and BTC is yet to exceed pre-halving peaks. That has triggered mixed feelings from the crypto community.Renowned cryptocurrency analysts and trader Peter Brandt stated that BTC’s remarkable highs could take longer or never occur.Nonetheless, Coinglass data shows Bitcoin has recorded upsurges in Q4s of halving years, gaining 58% in 2016 and 168% in 2020.Source – CoinglassIf history holds, BTC has a 73% probability of rallying in Q4 2024. A new Bitcoin ATH will catalyze robust actions in the altcoin market, and 0DOG seems well-positioned to lead the pack.Understanding Bitcoin DogsBitcoin Dogs is a P2P game that offers a lucrative platform where players can breed virtual dogs before joining multiplayer competitions and betting on winning outcomes.Also, mature dogs (leveled up using in-build BARK token) passively generate 0DOG tokens. That presents a lucrative option to reward loyal gamers.0DOG holds a crucial space in the crypto market due to its ties with the dominant Bitcoin. It capitalizes on BTC’s strength and market dominance for its stability.0DOG price forecastThe altcoin will likely mirror Bitcoin’s performance in the coming months. A repeat of the 2016 performance would propel BTC from the current price of $60.80K to $96K, whereas 2020’s pre-halving moves would place the leading crypto at $162K.Such uptrends would see Bitcoin Dogs attaining its 1000X growth seamlessly. The altcoin exhibits significant optimism after its latest triple exchange listing, now available in six trading platforms.You can find more details about Bitcoin Dogs here.The post Bitcoin Dogs ($0DOG) price forecast as historical data suggests parabolic rally for Bitcoin in Q4 appeared first on Invezz