> At a Glance
> – Bitcoin touched $93,000 Monday, its fifth straight daily gain
> – Analyst Doctor Profit targets $97K-$107K before staging heavy shorts
> – Fed’s $106B New-Year repo lending signals banking stress, he says
> – Why it matters: Traders are positioning for a possible blow-off top that could reverse below $70K
Bitcoin’s longest winning streak since October has lifted prices above a key short-term barrier, but one closely watched trader says the next leg toward six figures could end in a sharp downturn.
Breakthrough Above the “Silver Line”
Crypto analyst Doctor Profit notes BTC has finally closed above the “Silver Line”-a resistance that had rejected five prior advances. The breakout-and-retest pattern, he wrote in a weekend report, confirms short-term bears have lost control and opens the door to $97,000-$107,000.
- Entry zone: He began re-accumulating around $85,000.
- Exit plan: Layered short orders across $97K-$107K to secure average entries.
- Legacy shorts: Keeps earlier positions from $115K-$125K fully open.
Despite the near-term bullish setup, Doctor Profit remains “fully bearish” macro-wise, expecting a return below $70,000 within months.
Liquidity Red Flags
The analyst ties his pessimism to the Federal Reserve’s $106 billion overnight repo to banks on New Year’s Day, the biggest since September 2025 rule changes that expanded individual-bank liquidity access. He views such largesse as evidence of “deeper financial system stress.”
| Historical Signal | Doctor Profit’s View |
|---|---|
| Banking/liquidity squeezes | Often coincide with BTC bear markets |
| Insider selling & silver stress | Reinforce downside outlook |
Market commentator Mr Wall Street echoed the warning, tweeting that geopolitical tension around Venezuela and macro fragility could spark a “relief rally designed to build liquidity” before a broader shock hits risk assets.
Key Takeaways
- Doctor Profit sees $97K-$107K as the next major resistance cluster.
- He is staging multiple short entries inside that zone while holding older shorts higher up.
- Macro concerns-Fed repo, banking stress, silver-market strain-underline his sub-$70K target.
- A short-term squeeze remains possible if geopolitical headlines drive fresh buying.
Bitcoin now hovers just 7 % below the lower end of the cited sell zone, leaving bulls and bears bracing for a potential volatility spike.
