Weekly analytics shows Bitcoin love over $10,0000 in a week. This allowed BTC to hit a 4-month low when it traded at $62,000 prices. The price of BTC could see a rally towards higher prices s
The crypto community is continuously growing more panicked or more hopeful as traders hope to see a recovery after noticing that weekly analytics shows Bitcoin lost over $10,000. By doing so, BTC has hit a 4-month low when it traded at the $62,000 price range after seeing billions liquidated. Now, as it trades back over the $64,000 price range, analysts hope to see higher prices soon.
Back in August 2026, the popular silver-tongued analyst, Doctor Profit, known for his many accurate predictions, went on to call that the price of BTC set its bear market bottom in the $57,000 price range. He then went on to accumulate Bitcoin at the $60,000 - $66,000 price ranges. He also believed that BTC would not fall below $79,000 and is now being called out for a wrong prediction.
The analyst admitted his wrong call and went on to share his losses, yet confirmed that he has not sold any of his BTC holdings. He revealed that all his BTC buys are still in hand and declares himself the last bull standing as more and more analysts call for bearish times, saying that BTC will dip to even greater lows over the coming weeks. These calls go as low as BTC prices between $30,000 and $40,000.
https://twitter.com/Cointelegraph/status/2121808085354188967
As we can see from the post above, the value of BTC has dropped by $10,000 in the last 7 days, allowing the pioneer crypto asset to hit a 4-month low when its price fell as far as the $62,112 price range. Despite the drop, the post also highlights the fact that the price of BTC is trading over the $64,000 price range once again. WIth both longs and shorts being liquidated on both ends, the crypto community grows anxious as uncertainty grows.
While Doctor Profit continues to hold on to his call of $57,000 being the bear market bottom, other analysts seem to be agreeing to an extent. Responses to the analyst has many traders calling him out of conflicting calls from previous posts and one response goes on to state that the next bottom price for BTC will likely lie between the $48,000 - $54,000 price range, taking out the CVDD and realized price targets.
https://twitter.com/Crypto__Haris/status/2121622001437806710As we can see from the post above, this analyst claimed that the price of BTC would dip to $65,000 from the $87,000 price range, a prediction which seems to have now come true. The expert now states that any entry below $66,000 back into Bitcoin would be a good move and concludes that the price of BTC likely will not dip below $66,000. But, in the worst case it could go as low as $55,000, but no more.
