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Reputed Crypto Analyst Says Bitcoin Is Sitting at Historic Support Point, What Happens Next?

Reputed Crypto Analyst Says Bitcoin Is Sitting at Historic Support Point, What Happens Next?

CryptonewslandCryptonewsland2025/11/11 11:00
By:by Nicole D'souza
  • Reputed crypto analyst says Bitcoin is sitting at historic support points. 
  • He then goes on to break down what he expects to see next. 
  • He believes another trap is unfolding with a liquidity surge before a price drop.

Doctor Profit , the reputed silver-tongued analyst, known for his many accurate predictions since before the start of this cycle, goes on to share his latest weekly report. This detailed report revelas that the reputed crypto analyst says Bitcoin is sitting at a historic support point and breaks down what he expects to happen next. Is there a chance for BTC to set a new ATH again, or will it fall to 5-digit prices and trigger a bear market? 

Reputed Crypto Analyst Says Bitcoin Is at a Historic Support Point

This analyst has been calling for a massive bear market to commence since August. First, he called for BTC to fall to $90,000, and now he is calling for $60,000, which will determine BTC entering a bear market. The analyst’s most recent weekly update reveals that Bitcoin is now sitting at a historic support point. Since the beginning of the bull market in March 2023, it has never lost this level of the Golden Line. 

#Bitcoin – What’s Next?

The Big Sunday Report: All You Need to Know:

🚩 TA / LCA / Psychological Breakdown: Bitcoin is now sitting at a historic support point. Since the beginning of the bull market in March 2023, it has never lost this level of the Golden Line. A quick look at… pic.twitter.com/8HuqHFrKkm

— Doctor Profit 🇨🇭 (@DrProfitCrypto) November 9, 2025

A quick look at the chart shared in the post above shows that Bitcoin has always bounced above this line on the weekly time frame and has never closed below it. Closing below would be a strong argument for the bulls to vanish, as this is one of the most important bull–bear indicators to consider. The analyst confirms that he considers the level of the Golden Line as an important support, currently around $99,200, slightly below the psychological level of $100,000. 

This supports the analyst’s view that the crypto market will likely see some consolidation in this area before the next leg down. Throughout the entire bull market, the analyst has always bought more BTC at the Golden Line, but this time, he says he is not buying at the Golden Line. He says this time, there is a chance that BTC will lose this important level, and says it is only a matter of time. 

Can BTC Hold the Golden Line?

Doctor Profit also adds that it will require strong selling pressure to break down below this critical support region. Despite the recent bounce, a breakdown below this level is, in his opinion, just a matter of time. In the meantime, he looks at a large liquidity cluster around the $116,000 – $117,000 region. If the market revisits this region, he is prepared to add more to his short trades. 

He concludes with a call to expect more manipulation moves in the coming days, designed to build liquidity to the downside. He states that it seems market makers are not yet ready to send the market into the next leg down and want to create more liquidity first. AT the moment, leverage has increased heavily this week, particularly into longs on altcoins, which is exactly what markets tend to see before the next major drop.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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