⚡ Bitcoin Hits Turbulence After Record Highs 💥
Just days after $BTC flirted with $124K, the king of crypto is struggling to hold support. 🪙
Crypto analyst Doctor Profit warns that sideways trading could dominate until September, with BTC consolidating within a tight ~8% range. His advice? Don’t expect major moves just yet. 🛑
But the plot thickens — next month may bring a “very red” correction. 📉 He suggests strategic positioning for shorts, hinting that the herd could panic. Historically, similar retraces of 25–30% have set the stage for future rallies. 🔄
Current levels:
💲 BTC: $115,670 (-2.1% 24h, -5% weekly)
💲 ETH: $4,700 (slight pullback)
💲 SOL & DOGE: -4–5% daily
💲 LINK & ADA: +9.7–10.4% weekly gains
Technical signals show BTC failing to break 21-day MA, hinting at more downside risk before the next leg up. ⚖️
TL;DR: We’re in a calm-before-the-storm phase. Sideways trading now, potential shakeout in September — patience and strategic moves are key. 🧠