Silver-tongued analyst’s weekly Bitcoin report confirms incoming BTC price dip.
The analyst, Doctor Profit, expects two major dip targets.
A CME gap at $92,000 is the first, and the second is at $82,000 - $84,000.
The reputed silver-tongued analyst, Doctor Profit, known for his many accurate price predictions and market movement this bull cycle shares his latest weekly Bitcoin report confirming that a huge BTC price dip is incoming. This price dip could take the price of Bitcoin to the $80,000 to $90,000 price range. He believes that a huge CME gap must be addressed before higher targets can be hit.
Weekly Bitcoin Report Confirms Huge BTC Price Dip Soon
Reputed analyst shares his latest technical analysis and psychological breakdown with clever examples to explain what is expected now for the price of Bitcoin (BTC). The analyst begins by stating how fascinating it is to see how people always panic the moment someone goes short. Given the current uncertainty, the analyst believes market makers will continue applying pressure to maximize fear and that requires a Bitcoin price well below $100,000.
Last week, the analyst exited all his trade positions and even sold 25% of his total BTC holdings at the $108,000 price range and set up short trades. Yesterday, at $103,300, he took full profits from spot holdings, taking the remaining 75% of his BTC in profit. Since then,the trader has been 100% in cash and holding a short from $103,000. He highlights here that his move has led many to wrongly assume that the bull market is over.
https://twitter.com/DrProfitCrypto/status/1936772090251624466
He confirms that that is absolutely not the case. Realizing profits to re-enter lower is one of the smartest ways to maximize spot accumulation. He then shares a simple anecdote using apples as we can see from the post above, to conclude that his strategy now gives him the chance to own more BTC in the long run when he sees a new entry position. He also talks about how important it is to maximize profits during volatile markets with clever trades.
Dip Targets for BTC
Now, the analyst awaits the phase where the market will soon hit peak fear. Presently, the crypto market is in neutral territory, but sentiment is dropping fast, heading straight into the fear zone. He says that fear is imperative to drive crypto prices and to make that happen, market makers will likely manipulate the price below $100,000, targeting the $93,000 - $94,000 price range.
He says here he will make a crucial decision to either re-enter a long or a short until BTC hits another lower target at the $82,000 - $84,000 price range based on facts given by market behavior and sentiment at the time. So, for the short term, he identifies a massive CME gap at $92,000 where significant liquidity sits.
He then highlights a few bearish observations, such as the MACD crossing on the daily chart, the golden line that is indeed lost, and multiple higher-timeframe indicators, like the moving averages, MACD, RSI, monthly candle, CME gap, and liquidity, all pointing toward a clear bearish trend for Bitcoin over the past 20 days.
He concludes with a call for cautious trading, especially near critical levels like $100,000 and the CME gap at $92,000. The absolute worst-case scenario would be a full correction to $82,000–$84,000, which he says can’t be ruled out either. All that’s left is to wait and watch and set up hedge trades to mitigate risks and preserve capital. Lastly, he promises several more reports when relevant in the future.
