Bitcoin’s Bullish Future: Doctor Profit’s Crystal Ball Revealed! 💰🔮

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So, here we are, folks! A crypto analyst, who apparently has a crystal ball, has predicted that Bitcoin (BTC) is not just going to sit pretty at $110,000. No, no! He’s saying it’s gearing up for a wild ride, potentially hitting $117,000 to $120,000 in the coming weeks. I mean, who needs a fortune teller when you have Doctor Profit? 🤑

The Bitcoin Bull Run Is Far From Over

At the center of Doctor Profit’s renewed optimism is something called a Golden Cross. Sounds fancy, right? This pattern is like the unicorn of crypto signals, boasting an accuracy rate of about 87.8% when it appears on higher time frames. If only my dating life had such a success rate! 😂

According to the Bitcoin Bull Market: Pundit Reveals When To Sell Everything (because who doesn’t want to sell everything?), this Golden Cross has only popped up twice in the last 24 months, each time leading to massive price surges. In October 2023, it was responsible for a jaw-dropping 170% increase from $27,000 to $73,000. Talk about a glow-up! 🌟

Then, in October 2024, it signaled a move from $63,000 to $109,000, giving us a delightful 73% gain. And now, in May 2025, it’s back again, just when Bitcoin is flirting with the $110,000 mark. What a tease! 😏

Bitcoin Chart from Doctor Profit

Doctor Profit insists that these past rallies didn’t take months to materialize. Oh no! They kicked off almost immediately after the Golden Cross appeared, with gains of about 70% to 170% in just 3-5 months. If history repeats itself, we might just see Bitcoin soaring past its current price levels. Buckle up, buttercup! 🚀

And let’s not forget, this Golden Cross is the main reason Doctor Profit believes the Bitcoin bull rally is far from over. He’s boldly predicting that BTC will hit $113,000 this week, which is a 3.71% gain from its current price of around $108,954. Fingers crossed! 🤞

ETFs, Liquidity Clusters, And Institutional Demand To Fuel Bitcoin’s Rise

On a structural level, Doctor Profit has his eyes on a major liquidity cluster at $113,000. With Bitcoin already strutting its stuff near this level and gaining momentum, he expects this target to be hit in no time. But wait, there’s more! 🎉

Since Bitcoin was lounging at $77,000, Doctor Profit has been eyeing a target of $117,000 to $120,000. Now, with the Golden Cross confirmed and market conditions looking rosy, he’s doubling down on this forecast. Talk about commitment! 💪

Behind all these chart patterns, Doctor Profit also believes that Bitcoin ETFs and the broader macro environment are playing a crucial role in this cryptocurrency’s bullish narrative. He points out that demand through Spot Bitcoin ETFs is now 9X higher than the daily amount of BTC being mined. Can you say supply and demand? 📈

This imbalance is creating some serious upward pressure on the price. And let’s not forget the institutional players like MicroStrategy, who are not just buying BTC in bulk but also hoarding it like it’s the last slice of pizza at a party. 🍕

Bitcoin Snapshot

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2025-05-27 20:43