Analyst expects Bitcoin drop before $200,000, targets buys at $40k–$50k
Doctor Profit sees a path to $200,000 for Bitcoin. But he expects a deeper dip first, not a buy now.
In an X post, the analyst says BTC will rally to $200k but plans to wait for lower. He argues size matters. Buying later at a better price beats buying now.
He places buys in the $40k–$50k range. He warns against bids above $60k–$70k. He also flags a possible relief pop above $80k while still viewing the market as bearish in structure per his recent remarks.
CrypFlow tracks the 2‑month Stochastic RSI. He notes the bullish cross that marked major entries in 2015, 2019, and 2023 hasn’t printed yet, with momentum still resetting per his chart.
Key levels and signals:
- Target: $200,000 Doctor Profit
- Buy zone: $40k–$50k; avoid >$60k–$70k Doctor Profit
- Relief rally risk: above $80k source
- 2M Stoch RSI cross: not yet; prior cycle signal in 2015, 2019, 2023 CrypFlow
Price check: BTC trades near $66,800, 24h up, per CoinMarketCap data.
