This Crypto Analyst Predicted The Bitcoin Price Crash At $97,000, He Just Released Another Forecast
The post This Crypto Analyst Predicted The Bitcoin Price Crash At $97,000, He Just Released Another Forecast appeared on BitcoinEthereumNews.com.
Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Este artículo también está disponible en español. Bitcoin’s price crash from $97,000 in late February surprised most crypto market participants but not this analyst. The crypto analyst known as Doctor Profit, who previously warned of a correction when Bitcoin was approaching $97,000, recently released a new technical outlook that dissuades a bullish trajectory in the short term. In a breakdown shared on the social media platform X, Doctor Profit noted that the breakdown isn’t complete yet. This outlook comes from a former detailed analysis in which the analyst highlighted various Bitcoin price movements to watch out for, all of which have come to pass. Doctor Profit Says Bitcoin Market Dump Is Just Beginning Bitcoin has experienced ups and downs in the past few days with incredibly volatile movements. These ups and downs saw the Bitcoin price fall below $75,000 at the beginning of the week before spending the past four days on a recovery path towards $80,000. Amidst the price volatility, crypto analyst Doctor Profit clarified that he expects the current downward move in Bitcoin’s price to extend further. Related Reading In a recent post on social media platform X, the analyst described the correction as a “market massacre” that is expected to continue, stating that the party just started. He revealed that he had placed his first buy orders within the $58,000 to $68,000 range, suggesting that the Bitcoin price would keep falling until it reaches this region. Source: Doctor Profit on X Rather than…
