> At a Glance
> – Bitcoin trades at $90,300, flat for the week
> – Analyst Doctor Profit targets $70,000-$75,000 drop
> – Fed injected $106 billion emergency liquidity this week
> – Why it matters: Macro red flag could trigger next major BTC slide
Bitcoin is stuck in a tight range near $90,000 and one closely-watched strategist says the next big move is likely lower.
Narrow Range, Bearish Bias
BTC has moved less than 2% in seven days, pinned between $89,300 support and $94,400 resistance.
Doctor Profit told followers on X that shorts opened between $115,000-$125,000 remain open and the next down-side goal is the $70,000-$75,000 zone.
> “The next target is BTC at the 70k region, bearish,” the analyst wrote.
He would only add to shorts on a push into $97,000-$107,000, seeing that as a final lower-high before deeper losses.
Key Levels on Watch
Other traders are eyeing structural supports:
- Titan of Crypto notes BTC bounced off the Ichimoku cloud but warns losing it raises odds of lower prices
- Axel Adler Jr. flags $79,000 as a stress level for long-term holders if selling accelerates
Macro Flashback to 2008
Doctor Profit links the Fed’s $106 billion liquidity injection to actions seen in 2008, calling it a red flag for risk assets.
Despite the gloomy tone, Adler points out the current drawdown is only 29% from last year’s high-far below the 70-90% retreats of prior bear cycles. BTC still trades roughly 2× above its CVDD fair-value model, a zone that has marked early-stage, not final, capitulation.
Community Mood
Investor Merlijn The Trader summed up the mood:
> “Price doesn’t lift on belief. It lifts when structure is repaired and liquidity returns.”
With structure fragile and macro warnings flashing, the fight for Bitcoin’s next directional leg is intensifying.
Key Takeaways
- $90,000 range-bound action continues for Bitcoin
- Doctor Profit sees $70,000-$75,000 as next major target
- Fed’s emergency liquidity move echoes 2008 crisis signals
- A rally into $97,000-$107,000 would be viewed as a shorting opportunity
- Current 29% peak-to-trough decline remains mild by historical standards
Until either technical levels break or fresh liquidity arrives, Bitcoin appears set to remain in limbo.
