Silver-tongued analyst expects a major price drop for BTC.
He says BTC will fall below $100,000 due to political strife.
This could take BTC price down to between the $93,000 and $95,000 price range.
With political strife on the rise, one reputed analyst known for his many accurate silver-tongued predictions expects the crypto market to experience another steep price dip. In particular, the silver-tongued analyst expects this price dip to take the price of BTC to below the $100,000 price target and back to 5-digit prices, specifically, between the $93,000 and $95,000 price range.
Silver-Tongued Analyst Expects Drop to Below $100,000 BTC Price
For the second time this year, the reputed analyst Doctor Profit, known for having made several accurate predictions about the financial markets so far, made another call for a major BTC price dip to hit the crypto markets. The previous time, he called for the price dip in Q1 of 2025, when the price of BTC dropped from the $90,000 to $70,000 price range. Then, many thought his prediction was impossible, yet it played out exactly as he expected.
That dip came as a shocking one for many in the crypto market as the price went as low as Bitcoin’s first ATH price set this bull cycle, which was just above the $69,000 price range set as the ATH in the previous bull cycle. Before the drop in Q1 of 2025, the price of BTC had steadily set a string on new ATHs that took the price of BTC from $70,000 to above $100,000 in just a quarter.
Soon after, the price of BTC dwindled to the $90,000 price range before experiencing a full drop to the $70,000 price range. This phase was seen as a much-needed correction phase, one that prolonged a lot longer than expected, taking up a full quarter. After this, the price of BTC steadily recovered until it set a new ATH price at the $111,000 price range. Now, as some analysts expect higher ATH prices to occur for BTC, Doctor Profit believes otherwise.
Doctor Profit Shares Crucial Advice
https://twitter.com/DrProfitCrypto/status/1934970756112281957
Since the previous week, Doctor Profit has made very cautious posts encouraging traders to set up hedge trades to preserve their capital and mitigate risks. He stresses the importance of making smart trades not to earn profits but to protect one’s assets. This is because Doctor Profit believes that a very volatile phase is coming for the crypto market. He says the biggest cause is the likely war escalating between Israel and Iran.
https://twitter.com/DrProfitCrypto/status/1934975788576567784
He then went on to sell all his altcoins, stocks, and 25% of his BTC holdings. He also closed his spots, took profits from long traders and set up short trades to make the best of the turbulent market ahead. As we can see from the post above, he believes that BTC is heading for a major price drop to the $93,000 and $95,000 price range. He also expects stock prices to fall by 7-10% before a massive bounce allows for price recovery.
