- Silver-tongued analyst turned bearish predicts another BTC dip.
- This time he expects BTC price to fall between $72,000 and $68,000.
- He also shares reasons behind his bearish expectations.
Seasoned analysts notice bullish signals appear on the BTC price chart suggesting a possible recovery in the price of the pioneer crypto asset. Despite these indicators, one analyst, known for his many silver-tongued predictions so far, turned bearish recently predicting another dip dip soon, taking the price of BTC between $72,000 and $68,000.
Analyst Predicts Another BTC Dip
As we can see from the post above, Doctor Profit, known for his many accurate crypto and stock market predictions so far compiles his most recent accurate predictions. He advised traders to short BTC at $90,000 then predicted a drop to $83,000 in under 48 hours and a sideways movement to $76,000.
So far, all of these predictions have played out, after which he expected a sideways and a bounce into $74,000 then another sideways movement, all played out as he predicted. Now, he expects to see another market dump to the $72,000 and $68,000 price range. In another post he goes on to explain why he expects another dump.
What Could Lead to a BTC Drop to $72,000 - $68,000 Prices?
As the post above depicts, Doctor Profit expects Jerome Powell’s speech to shake the markets, wake up the bulls, and give more euphoria and happiness for all bears. Therefore, he predicts Bitcoin and stocks to continue to decline in the coming weeks and wishes traders good luck for what is to come next.