Bitcoin price disaster From USD 97,000 at the end of February, most cryptographic market participants surprised, but not this analyst. A cryptographic analyst known as Doctor Profit, who previously warned about correction, when Bitcoin approached USD 97,000, recently published fresh technical perspectives, which in a brief period discourages the stubborn trajectory.

In a failure made available on the social media platform, Dr. Profit noticed that the failure is not yet completed. This perspective comes from a former detailed analysis, in which the analyst emphasized the various moves of bitcoin prices, which should be considered, all of which ended.

Doctor Profit says that the bitcoin market drop is just beginning

Bitcoin has experienced ups and downs in the last few days with incredibly unstable movements. These ups and downs saw bitcoins Price drop below USD 75,000 At the beginning of the week before spending the last four days on the recovery path in the direction $ 80,000. Among the variability of prices, the cryptocurrency analyst Dr. Profit explained that he expected the current move down at the Bitcoin price will expand even more.

IN recent post On the social media platform X, the analyst described the correction as a “market massacre”, which is to continue, stating that the party has just begun. He revealed that he had placed his first purchasing orders in the range from $ 58,000 to $ 68,000, which suggests that bitcoins The price will fall until reaches this region.

Instead of perceiving a recent decline as a failure, the price action is a calculated part of a wider strategy, which the analyst presented in a detailed analysis earlier.

Doctor’s profit The analysis is based on M2 money supply, macroeconomic indicator, which in his opinion is widely misunderstood in the cryptographic space. Many traders had recently quoted growth M2 as a stubborn signal for Bitcoin, assuming that more liquidity means an immediate price augment. However, the analyst emphasized that time is everything. He noticed that Bitcoin tends to customary markets on the list when he reacts to M2, but even then the reaction is not immediate.

What can you expect from BTC

He reminds his followers that in July 2024 he provided for a reduction in the rate by 50 BPS, which was considered very unlikely at that time. When this cut materialized in September, around the same time Bitcoin was nearly $ 50,000, he called him extremely stubborn and called for a solemn rally. As it turned out, the M2 money supply began to develop in February 2025, which was in line with its forecast. He warns, however, that although M2 is climbing now, its influence on Bitcoin will play gradually.

Looking at the maintenance of Bitcoin prices on the charts, the Doctor Profit focused on the range from 70,000 to 74,000 USD. Believes that this range can either serve as a stepping stone on a fresh rally up if There is a mighty daily closure Above the “golden line” around the weekly EMA50 or as a signal for a deeper minus if the price breaks under it.

If there is a more dramatic division, the analyst advised to reduce and wait for even lower entries in the zone from 50,000 to 60,000 USD. Doctor Profit predicted that Bull Run would not resume until around May or June, with growth goals from 120,000 to 140,000 USD.

Bitcoin managed to exceed $ 81,000 after Donald Trump announced a 90-day pause on his groundbreaking tariffs. At the time of writing, Bitcoin trads USD 82,000, which is an augment of 7% in the last 24 hours.

A distinguished picture from Unsplash, tradingview.com chart