• Silver-tongued analyst says $90,000 dump prediction was wrong. 
• He says that this previous bearish prediction wasn’t bearish enough. 
• Now, he expects a $60,000 – $70,000 bear target for BTC soon.

Since August, one reputed analyst known for his silver-tongued, accurate predictions has been extremely bearish on the price of Bitcoin (BTC). Initially, he predicted a fall for BTC prices to the $90,000 price range. However, now the silver-tongued analyst says $90,000 dump prediction was wrong. In fact, he says that he was not bearish enough and is now expecting an even greater price dump targets of $60,000 – $70,000 for BTC. 

Silver-Tongued Analyst Says $90,000 Dump Prediction Was Wrong

The crypto market has been through an unbelievable price movement this bull cycle. Most analysts and traders are left frustrated by a lack of clarity, as the bull cycle does not seem to be following the 4-year bull cycle anymore. Without this blueprint, analysts seem to be lost over what to predict next, and the many market dumps and liquidations of this bull cycle have led to low market sentiments, especially with altseason nowhere in sight. 

One analyst, known for his many silver-tongued, accurate predictions, Doctor Profit, was an analyst who predicted bearish times in August. One BTC and ETH both set new ATHs together in August, just 10 days apart, Doctor Profit turned highly bearish, and this was not the first time Doctor Profit turned bearish this bull cycle. In fact, he predicted the crypto correction event in Q1 of 2025 as well. 

In August, Doctor Profit called for a major BTC price drop to the $90,000 – $95,000 price range. He believed that the market was overbought and that it needed another deep correction, especially to close a CME gap in that region. What played out was something that he expected, but not in the way he expected. Late last week, the crypto market experienced its greatest single-day liquidation yet, wiping out nearly $20 billion from the market.  

$60,000 – $70,000 BTC Targets Next 

In detail, all leverage and longs were liquidated from the market and practically reset the space. Following that event, most analysts called the event a major market manipulation move, but Doctor Profit said that this was just an inevitable drop which played out a lot more ferociously than expected. After the liquidation, Doctor Profit stated that a $90,000 was no longer needed since the market corrected itself. 

But as we can see from his latest statement above, Doctor Profit said that the $90,000 bearish prediction simply wasn’t bearish enough for what’s coming next and that what will play out next will be a far more brutal price drop. The analyst expects the price of BTC to drop from $60,000 to $70,000 in the following weeks. He only expects new ATH prices for BTC by the end of 2026 or in 2027.