Dogecoin Faces Potential Breakout as Bitwise Files ETF Application and Technical Patterns Align

Bitwise has submitted an amended S-1 filing for a spot Dogecoin ETF that could become effective by late November, according to Bloomberg ETF analyst Eric Balchunas. Technical analysts have identified a multi-year triangle pattern with a potential price target near $1.20. The TD Sequential indicator has issued a buy signal near $0.16, suggesting a possible local bottom.