- Doctor Profit reassures holders amidst panic, citing Bitcoin’s historical resilience.
- Predicts Bitcoin rebound above 70,000, citing familiar market cycles.
- Notes SOL to BNB Chain shift, eyes CATBOY’s potential amid CZ’s involvement.
Amidst the turbulence in the crypto market, renowned analyst Doctor Profit shares insights on the panic selling frenzy, emphasizing his steadfast belief in Bitcoin’s resilience. “Let weak hands sell, I am holding since 16k,” he declares, highlighting his long-term perspective despite market fluctuations.
Reflecting on Bitcoin’s historical patterns, Doctor Profit reassures followers that market dips are part of the journey. “Saw these dumps many times, from 16k to 70k. Always the same cycle, once fear = next leg up,” he remarks, indicating his anticipation of a bullish reversal.
Addressing the current correction in Bitcoin’s price, Doctor Profit predicts a swift recovery, confidently stating, “Correction for #Bitcoin is almost over. Soon back up above 70k full speed.”
Transitioning to insights on altcoins, Doctor Profit sheds light on a shift in whale activity from SOL to BNB Chain memes. He suggests that increased transactions on the BNB Chain, coupled with a decline in SOL transactions, could signal a forthcoming surge in BNB Chain meme coins.
Expressing optimism for BNB Chain’s future, Doctor Profit singles out CATBOY as his top pick for potential growth. He attributes his bullish stance to the involvement of Changpeng ‘CZ’ Zhao, the former CEO of Binance, in the CATBOY ecosystem. Doctor Profit notes CZ’s interactions with CATBOY assets on social media, hinting at potential developments in the meme token’s value.
As speculation swirls around CATBOY’s prospects, investors await to see if Doctor Profit’s insights will once again prove prescient in identifying undervalued tokens.
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