- Bearish analyst takes back bear market bottom prediction at $40,000.
- He starts to systematically accumulate BTC at $64,000.
- He will continue to buy BTC as it trades between $54,000 and $64,000.
The crypto community was surprised to see one of the most popular crypto analysts change his tune unexpectedly once again. In detail, the bearish analyst takes back bear market bottom prediction at $40,000 and starts to accumulate BTC at $64,000. The analyst and trader goes on to share two mighty informative reports on why he made this sudden shift to the bullish narrative.
Bearish Analyst Takes Back Market Bottom Prediction
Doctor Profit, a popular crypto analyst and trader, known for making several accurate predictions since the last bear market bottom, is once again making a bold claim. Last year, he predicted that the bear market would arrive in full swing during August when the crypto market was still very bearish. His big short bet at the $125,000 price range paid off immediately even though BTC went on to set a new ATH at $126,000.
In detail, his keep observations led to a massive short profit when the crypto market began to fall dramatically from October 2025. Since then, the price of BTC went on to fall continuously until it is trading where it is now in the $60,000 price range. Over the last few weeks and months, Doctor Profit has been preaching of a huge capitulation event that would lead the price of BTC to fall to the $40,000 price range, where he expected the bear market bottom to be printed.
In contrast, many other reputed analysts stated that BTC sinking as far as $60,000 was the bear market bottom. Even now, the debate continues. How far will the price of BTC drop? As we can see from the post above, Doctor Profit has amended his prediction. He now believes that the price of BTC will only fall as low as the $54,000 price range and went on to sell and take profits from all his short positions.
Starts Accumulating BTC at $64,000
The analyst has revealed his new bullish strategy, which is to buy BTC at $64,000 for the absolute long-term. Thus, he will keep accumulating 5% of his holdings back into the Bitcoin (BTC) market. While he still fully expects the price of BTC to dip as low as the $54,000 price range, he believes DCAing back into BTC between the $54,000 and $64,000 price range is a good bet.
The expert confirms this strategy once again in another similar post as explained above. Now, he states that it is very unlikely for the price of BTC to dip below $50,000 as there is an extreme amount of liquidity in the $54,000 price range. This will allow the price of BTC to recover, ensuring that the drop to $40,000 is likely impossible for the start of this new bull cycle.
