Dogecoin To Drop Further? Top Analyst Foresees Possible Dump For Memecoin If Bitcoin Doesn’t Bounce

A popular analyst anticipated a further decline in Dogecoin’s (CRYPTO: DOGE) value on Tuesday amid the broader slump that rocked the cryptocurrency market.

What Happened: Kevin, known for sharing insights and forecasting price movements for the king of meme coins, expressed a bearish outlook in an X post.

“If BTC doesn’t bounce, then this probably has lower to go before finding a bottom,” the analyst cautioned, linking DOGE’s destiny with Bitcoin (CRYPTO: BTC), the world’s largest cryptocurrency.

Kevin had previously indicated that DOGE was “not in control of itself,” and its fate lies “purely in Bitcoin’s hands.”

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