Headline: Analyst who called Bitcoin top says $200K rally is still possible — but advises waiting for a lower entry
Doctor Profit — the crypto analyst known for correctly calling Bitcoin’s top — on X reiterated a bullish long-term target for BTC while warning traders not to buy at current levels. He says Bitcoin can still reach a new all-time high near $200,000, but expects the market to drop further first, creating a much better buying opportunity.
Key points from Doctor Profit’s view
- Long-term outlook: BTC could ultimately rally to roughly $200,000.
- Near-term caution: now is “not a good time to buy,” because further weakness is likely.
- Optimal entry range: he plans buy orders roughly between $40,000 and $50,000, and advised against placing buys above $60,000 — or near $70,000.
- Rationale: buying today yields fewer coins than buying the expected lower prices; treating any purchase now as equivalent to buying later is, in his words, “absolutely dangerous thinking.” He also stressed focusing on maximizing profit rather than just dollar-cost averaging into a rising asset.
- Market regime: he still views Bitcoin as in a bear market, though a short-lived relief rally above $80,000 remains possible.
Technical confirmation still pending, per CrypFlow
Crypto analyst CrypFlow pointed to a separate technical signal — the 2-month Stochastic RSI bullish cross — which has historically marked the best buy windows in past cycles (2015, 2019, 2023). That bullish cross has not yet formed this cycle. CrypFlow says momentum typically resets below 20, sentiment turns negative, and then the bullish cross confirms the shift; until that cross appears, it’s not yet time to aggressively buy. He plans to build exposure gradually and add on weakness, but treats the Stochastic RSI cross as the clearer confirmation.
Market snapshot
At the time of writing, Bitcoin trades around $66,800, up over the past 24 hours (CoinMarketCap).
Bottom line
Both analysts leave room for a larger upside later, but urge patience now: Doctor Profit is waiting for a lower price band to maximize coin accumulation, while CrypFlow is watching for a specific technical confirmation before increasing exposure.
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