Bitcoin doesn't have to go up if Elon Musk starts trading Dogecoin with his Tesla company could see DogeCoin go from $1 to $10 or even more. Since Elon Musk is working on DogeCoin, I believe that one day Elon Musk may start trading with his Tesla company. Besides, if bitcoin is positioned like one 100k dollars, then surely Dogecoin will occupy the place at 1 dollar.