Silver-tongued analyst reveals big weekly report.
The report explores multiple analyses and breakdowns to reveal what’s next.
The analyst expects more than 6-digit prices, he expects a new BTC ATH soon.
As we enter the final week of April, and near the close of the first month of Q2 2025, one reputed analyst known for his silver-tongued crypto market predictions, reveals big weekly report unveiling all one needs to know about what to expect next for Bitcoin and crypto. To highlight, the analyst shares deep insights under a technical analysis and psychological breakdown.
Silver-Tongued Analyst Reveals Big Weekly Report
Before delving into the report, the analyst, Doctor Profit, acknowledges a crazy start to last week’s crypto market state. He marks how Bitcoin has come up over 25% since his BTC buy at the $77,000 price level and also highlights the fact that Bitcoin broke out cleanly above the critical ‘Hammer Line’, a level highlighted in last week’s report as one of the most important zones to watch.
In his previous report, Doctor Profit has predicted that sooner or later Bitcoin will breakout above the ‘Hammer Line’. Then he explores the reasons for this massive pump from the $77,000 entry to the present $94,000 region. One of the primary catalysts was the aggressive accumulation by US-listed Bitcoin ETFs. On Tuesday alone, Bitcoin ETFs recorded nearly 1 billion dollars in net inflows, the third highest daily inflow of the year.
To put this into perspective, in just three trading days, investors poured a monumental 1.4 billion dollars into Bitcoin ETFs, showcasing an intense institutional hunger for more Bitcoins in times of big fear and uncertainty. Bitcoin is moving against the stocks, and starts following Gold, while stocks have not yet recovered from the crash, green numbers can be seen in BTC and Gold. Simultaneously, Bitcoin’s liquid supply is drying up at an alarming rate.
https://twitter.com/DrProfitCrypto/status/1916594780735209793
Meanwhile, exchange reserves have plunged over the last few days, signaling that large buyers are pulling coins off centralized platforms and moving them into cold storage. OTC desks are reportedly running at very thin levels of supply as well, an early warning that major accumulation is happening behind the scenes. The analyst also says that even giants like Fidelity are openly warning about an incoming Bitcoin supply shock.
BTC Ready to Reclaim 6-Digit Prices
In addition, just a few weeks ago, Binance disclosed that it had received strategic reserve inquiries from multiple governments worldwide, all asking for Bitcoin advisory. This is a major signal because sovereign entities are beginning to understand Bitcoin’s role not just as an investment but as a strategic reserve asset, similar to gold. All in all, we are heading into a critical BTC supply shock, which could only point to the fact that BTC price will reclaim its 6-digit target very soon.The analyst concludes his report stating that BTC will not only reclaim its previous ATH at $109,000 soon, but will also go on to set new ATHs in the coming weeks ahead. He also draws light to another factor supporting his expectations, and that is that the Funding Rate was even negative two days ago, meaning there have been more shorts than longs open in the market, marking a very healthy trading environment.
