According to Trader Tardigrade, the Dogecoin/Bitcoin trading pair has formed a bullish chart pattern similar to the one that preceded Dogecoin’s 30,000% surge in the previous cycle (source: @TATrader_Alan on Twitter, May 12, 2025). The analysis suggests three likely scenarios: an initial surge in Bitcoin could cause a sharp drop in the DOGE/BTC ratio, followed by a period of Bitcoin price consolidation, and then a significant multi-week rally in DOGE price. Traders should closely monitor the DOGE/BTC chart for confirmation, as this pattern could signal a substantial Dogecoin breakout and increase altcoin market activity. These developments may drive higher volatility and trading volumes across the crypto sector, especially among meme coins.