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The cryptocurrency analyst Doctor Profit gained fame for making several almost perfect predictions for the price of Bitcoin. He predicted Bitcoin's drop from $109,000 and then identified a bottom at $77,000, forecasting that the price of $BTC would rise to new historical highs, which indeed happened. Now, with the price of Bitcoin retreating after reaching a new high above $111,000, the analyst is back with the next steps and where the cryptocurrency may be heading.

In his post on X, Doctor Profit begins by explaining the psychology of the current market, criticizing those who continue to predict a bear market. He refers to these people as 'exit liquidity' for the real players, implying that they are wrong in their position. Instead, he highlights an important formation on the Bitcoin price chart, which is the Golden Cross, that appeared last week. The analyst calls the appearance of this Golden Cross 'a macro-level signal with historical accuracy.' He explains that, since this signal is so rare but has always been correct, there is no reason to deviate from it.