This crypto analyst predicted that the decline in Bitcoin price to $ 97,000, just published another forecast – Tradingview News

The price of a bitcoin price of $ 97,000 at the end of February was surprised by the most participants in the Cripto in the market, but not this analyst. The CRIPTO analyst known as the profit of the doctor, which previously warned of the correction when Bitcoin approached $ 97,000, recently published a new technical prospect that deterred the Bullast trajectory in the short time.

In a breakup divided into social media platform, Doctor doctor noted that the breakdown has not been completed yet. This appearance comes from a previous detailed analysis in which analyst highlighted various motions of the price prices Bitcoin to watch, and everyone came to pass.

Dr. Profit says Bitcoin Market Dump is just beginning

Bitcoin has experienced ups and downs in the last few days with incredibly unstable movements. These ups and downs saw the price of Bitcoin under $ 75,000 at the beginning of the week before it went in the last four days on the path of recovery to $ 80,000. In the middle of the volatility of the price, Cripto Analytic Doctor profile clarified that he expects the current transfer to Bitcoin’s price to continue further.

In a recent post on the Social Media KS platform, analyst described the correction as “Master Massacre”, which is expected to continue, stating that the party has just begun. He discovered that he put his first purchase orders within $ 58,000 to $ 68,000, suggesting that the price of Bitcoin would continue to fall until it reaches this region.

Instead of seeing a recent drop as a return, the price price is calculated part of the broader strategy that an analyst has set in an earlier detailed analysis.

The doctor’s profit analysis is based on the M2, macroeconomic metric metric that believes that it is widely misunderstood within the Crypton space. Many traders recently stated to alleviate in M2 as a Bilkarski signal for Bitcoin, assuming more liquidity means immediate price increase. However, analyst emphasized that timing is all. He noted that Bitcoin seeks traditional markets in the front traditional markets when it is reacting to an increase in M2, but even then, the reaction is not current.

What should I expect with BTC

He reminds him of his followers that in July 2024. she foretellt the 50 BPS rate, which was considered a little probably. Once he was cut in September in September, around the same time Bitcoin was hovering near $ 50,000, marked it extremely and called for a big rally. As it turned out, M2 was sent to the M2 started in February 2025. years, which is harmonized with his forecast. Still, he warned that as M2 Now he was climbing, his influence on Bitcoin will gradually play.

Looking at the Bitcoin’s price behavior in charts, Dr. Profit transferred his focus to $ 70,000 to $ 74,000. It believes that this range can serve as a springboard for fresh rally, if strongly closes above the “goldline” around the weekly EMA50 or as a signal for a deeper page if the price breaks below it.

If a more dramatic failure occurs, analyst advised scaling and waiting for even lower entries around 50,000 to $ 60,000 zone. The doctorate predicted that the Bull Run would not continue until somewhere around May or June, with worsened goals in the amount of 120,000 to $ 140,000.

Bitcoin managed to encourage above $ 81,000 after Donald Trump announced a 90-day break on his field ship. At the time of writing, Bitcoin trades $ 82,000, in the last 24 hours in the amount of 7%.