Expert Analysis on Bitcoin’s Current Market Trends

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Bitcoin’s Current Consolidation Phase

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At present, Bitcoin’s price is consolidating around the $65,000 mark on the weekly chart. A prominent cryptocurrency analyst, Doctor Profit, has cautioned that the market is still entrenched in a broader bearish structure. This week, Doctor Profit released a comprehensive “special Bitcoin report” that delves into past price patterns, evaluates the market’s current stance, and offers insights into potential future movements. The report maps the journey from euphoric peaks to significant declines and stabilization, eventually hinting at a possible trend reversal.

The Journey from Bitcoin Euphoria to a Significant Price Decline

In a detailed post on February 22, Doctor Profit explored six distinct stages of the bear market, informed by patterns witnessed during major Bitcoin cycles. His analysis highlights key elements, including liquidity dynamics, leverage positions, and the predictable nature of human behavior under stress.

In the initial stage, Bitcoin experienced euphoric buying activity, with prices ranging between $115,000 and $125,000 in 2025. Despite the overwhelmingly bullish environment, the market was overleveraged, resulting in sideways movement at these highs. This was fueled by sudden price spikes, creating a false sense of market strength. The analyst noted that latecomers to the market believed risks had vanished, with price predictions soaring to unprecedented levels, epitomizing peak greed.

Stage 2 unfolded as Bitcoin dipped below the critical $100,000 mark. Doctor Profit emphasized the significance of this level, noting that its breach induced stress among short-term investors and liquidated leveraged traders. The rapid price drop on October 10, 2025, triggered one of the largest liquidation events in crypto history within hours.

Stage 3 confirmed the bear market with a steeper decline. Bitcoin’s price plummeted from $97,000 in January 2026 to $47,000 in February, registering a staggering 50% crash in just 30 days. This phase was marked by swift and harsh corrections, leaving many investors in panic and incurring unmanageable losses. Nearly half of Bitcoin’s market capitalization was wiped out, resulting in what Doctor Profit described as a “violent mechanical repricing.”

Current Market Position and Future Projections

According to Doctor Profit, Bitcoin is currently navigating Stage 4 of his bear market framework. This phase is characterized by liquidity depletion, marked by well-defined sideways movement with clear upper and lower boundaries. Although this stage is less severe than its predecessor, it exhausts retail traders, creating liquidity traps for both bullish and bearish traders.

Stage 4 also sees significant short-term holder capitulation, as retail traders exit at losses after missing earlier opportunities to sell. Doctor Profit anticipates a short-to-mid-term price bounce between $57,000 and $60,000 within this sideways range. However, a breakdown towards Stage 5 is likely in the coming months.

Doctor Profit describes Stage 5 as the “true capitulation phase,” characterized by widespread fear and panic. This stage may involve the collapse of a significant player or a black swan event. The analyst has adjusted his previous Bitcoin forecasts from $40,000-$50,000 to a new bottom range of $35,000-$45,000, indicating further downside potential from current levels.

In the final phase, Stage 6, Doctor Profit predicts a blend of continued sideways movement with structural recovery. During this phase, selling pressure will diminish gradually, laying the groundwork for the next bullish cycle. Large market players may begin accumulating, while retail investors, in pursuit of lower prices, might miss the true market bottom. This scenario reflects a recurring pattern in bull cycles, where retail investors often buy high and sell low.

Conclusion

As of now, Bitcoin is trading at $66,297, as per the 1D chart on Tradingview.com. The insights provided by Doctor Profit offer a comprehensive view of the current market dynamics and potential future trends.

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