The recent Bitcoin price surge has analysts eyeing a potential breakout toward the $120,000 mark — a move that could ignite the next major altcoin rally. As excitement builds, attention is shifting to altcoins poised to ride the wave, with Dogecoin (DOGE) and FloppyPepe (FPPE) emerging as standout options.
According to analysts, Dogecoin (DOGE) is showing signs of a familiar bullish setup, but it’s the emerging underdog, FloppyPepe (FPPE), that’s catching analysts by surprise. With market momentum accelerating, this altcoin race could offer significant upside for early movers.
Bitcoin Price Chart Says $120,000 Incoming
On May 22, the Bitcoin price hit an all-time high of $111,970, before easing to around $105,706, according to CoinMarketCap. Despite the pullback, analysts remain bullish. Analyst Geoff Kendrick, for instance, sees the Bitcoin price hitting $120,000 by mid-2025 and $200,000 by year-end, fueled by stablecoin growth.
TradingView analyst Weslad also forecasts a breakout to $122,000, citing a strong bullish setup. The bullish outlook from analyst Weslad is based on the successful formation of an AB=CD harmonic pattern, often a signal for major upside.
With the Bitcoin price still trading well above the $100,000 psychological support and holding within an Ascending Channel, the bullish trend remains intact. If the Bitcoin price stays above the $104,000 – $107,000 range and breaks past $112,000 resistance, analyst Weslad predicts a potential surge toward the $122,000 Fibonacci extension target.
FloppyPepe (FPPE) To Mirror Bitcoin’s (BTC) Parabolic Setup; Here’s Why The Math Checks Out
Just as the Bitcoin price shows a clear bullish pattern to a potential breakout, analysts have identified similar parabolic setups in FloppyPepe (FPPE);
- FloppyPepe (FPPE) is still in its presale phase at just $0.00000035—mirroring Bitcoin’s early days, when minimal demand triggered major price moves. Its ultra-low market cap means even modest momentum could drive exponential growth.
- FloppyPepe’s (FPPE) roadmap includes listings on major CEXs and DEXs like CoinGecko, plus integration with Binance Smart Chain and Solana.
- The token is a Matt Furie-backed project, putting it in the same league as other Furie coins that have seen gains of over 10,000%. This legacy gives FloppyPepe (FPPE) a strong narrative and proven track record that aligns with Bitcoin’s parabolic setup.
- With products like FloppyAI and Meme-o-Matic, FloppyPepe (FPPE) taps into the booming $66 billion AI agent sector. If it captures even 1% of that market, the coin could see up to 11,000% in gains, outpacing even Bitcoin’s current projected surge.
Dogecoin (DOGE) Charts Bullish Cup-and-Handle; Rally To $1 Possible
Dogecoin (DOGE) is currently trading around $0.22, up 68% from its November low, yet still 53% below its 2021 all-time high. Despite the altcoin’s recent sideways movement, analysts have identified a bullish cup-and-handle formation on the Dogecoin (DOGE) weekly chart. A breakout above the key neckline resistance at $0.4522 could trigger a rally toward $1, representing a potential 295% gain from current levels.
The pattern on the Dogecoin (DOGE) price chart shows a well-formed rounded cup with a handle that dipped near $0.1295, a classic technical signal of consolidation before an upward breakout. Traders are closely watching this level, as a decisive move above it could mark the beginning of Dogecoin’s (DOGE) next major price surge.
Why Getting In Early On FloppyPepe’s (FPPE) Presale Matters
Historically, a Bitcoin price surge or breakout often signals the start of a broad altcoin rally. Positioning early is crucial for generating significant returns. Early Bitcoin investors and even those who bought the recent dip are now enjoying major gains as the Bitcoin price gears up to potentially reach $120,000.
While the current Bitcoin price may be too high for new investors, altcoins like Dogecoin (DOGE) and FloppyPepe (FPPE), which are showing similar parabolic setups, offer more accessible entry points to capitalize on Bitcoin’s rally. FloppyPepe (FPPE) presents an even more attractive opportunity with an 80% bonus for investors using the code “FLOPPY80.”
Even better, unlike Dogecoin, the underdog altcoin addresses key investor concerns: it has been audited by Solidproof, reducing cybersecurity risks, and it employs “Floppynomics”—a deflationary mechanism that rewards holders and creates scarcity to support long-term value growth.
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