• Silver-tongued analyst calls for final last days above $80,000 BTC price.
  • This could lead to a falling BTC price towards the $50,000 and under.
  • The price of BTC is expected to bottom in the $40,000 or under.

Over the past week, the price of Bitcoin (BTC), the pioneer crypto asset, has been trading above the $80,000 price range at a steady pace. This momentum led to many bullish expectations for the asset to continue to climb and reclaim prices between $85,000 and $90,000. On this prediction, Doctor Profit disagrees. In fact, the silver-tongued analyst calls for final last day above $80,000 BTC price before the bear market begins. 

Silver-Tongued Analyst Calls for Final Last Days of Uptrend

Before the pump above $80,000, the reputed crypto analyst, Doctor Profit, known for his many accurate silver-tongued predictions, already predicted this price surge phase for Bitcoin. To highlight, the expert said that BTC would break above $80,000 and trade as far as $85,000 for a short time. He called this a fake pump phase and marked it as a final chance to exit for many traders. 

Now that the price of BTC has been trading exactly as he predicted, he has begun to warn bullish traders and analysts, stating that the fall is coming and urges them to get out while they can. For instance, Michael Saylor posted a bullish caption on X, to which Doctor Profit responded directly with a warning about a huge liquidity fall if Saylor did not take bearish precautions.   

As we can see from the post above, Doctor Profit’s latest weekly report begins with this call, which states that the last days of $80,000 BTC prices are heading for a massive crash, one that will take the price of BTC directly to the $50,000 price range and below. What’s more, the analyst expects the price of BTC to go on to set its bottom in the $40,000 price range, if not even lower.  

Decline From $80,000 BTC Price Expected 

The post goes on t o call what is unfolding in the crypto market a local trap. He then talks about his many open short trades and the coming short trades he has set up in anticipation of the latest price drop expectation. He confirms this by saying that as long as Bitcoin continues to trade in this zone, he will keep adding shorts every day with 10% of his funds. The post goes on to break down this strategy.

The report ends with a serious warning for all those who fail to heed his calls, as the analyst has made many accurate predictions in the past. Ultimately, any trade made by any trader has to be influenced by one’s own research and fortified by one’s own resolution. Take what you can learn from the market and its charts and make a solo decision on how best you want to play the market based on your risk tolerance.

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Nicole D'souza Posted by

Lead Editor and Senior Journalist

Ensuring authentic and organic news stories in the realm of web3, blockchain, and cryptocurrency, Lauren exercises her focused and vigilant art of storytelling in the form of factual and prominent industry news. She is especially fascinated by the latest development in blockchain innovation and crypto regulations.