- Doctor Profit advocates last week’s weekly update’s accuracy.
- He shares what to expect this week and to trust the box as he explains in his post.
- Patience is advised more than all else and courage to buy the dip in a bullish market.
Silver-tongued crypto and Bitcoin analyst Doctor Profit shares his latest weekly repost about what’s next for the pioneer crypto asset. This time the report begins with a psychological analysis, he begins by explaining how his last prediction was accurate despite all the noise.
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Doctor Profit’s last report saw the latest Bitcoin (BTC) dip yet it guaranteed that the price would rise. Still, the prediction was met with a lot of skepticality. He says those who believed his last report would have secured themselves a nice portion of the previous market dip.
He mentions how the last dip tested those in fear. Could they rise amid the fear and buy the dip or dip the give into the fear? Staying resolute and vigilant is important in a volatile market such as the crypto market. After all, soon after the dip, Bitcoin (BTC) reclaimed the MA100 daily and closed above it. This, in fact, was in Doctor Profit’s last prediction.
He then takes a moment to highlight a repeated element in his weekly predictions which is the fact that USDT is non-stop printing. This points out to an important historical fact during every bull market. Doctor Profit says he saw this since BTC ws in $60,000 in 2021 and he called the BTC crash of $18,000.
He says the recent dip was similar to that wherein the market needed the liquidity and these liquidations bring prosperity to the market. The latest liquidation brought $110,000,000 to the market. Thus, he advises readers to take his predictions seriously.
Presently, the crypto market is sitting at fear on the Bitcoin Fear & Greed Index. He predicts that this marks a pivotal moment for this crypto cycle when big money will finally start flowing into the crypto market for the first time since 2021.
Signs for this big inflow is proven by the USDT mass printing, BTC ETF approval, and another many on-chain bullish signs. Doctor Profit then throws light on all the naysayers calling for the end of the bull market and a further fall in Bitcoin price.
He closes by saying the market wants investors to lose but investors need to be smarter. He advices patience above all else and shares his strategy for the moment. He says he will continue to add more in the bottom and advices traders to not miss on big dip opportunities. He says to trust the box mentioned in the post and to stay tuned to next week’s weekly update.
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