Crypto expert Doctor Profit has maintained his bullish outlook on bitcoin prices as the digital asset market looks to rebound from the recent halving event, holding onto his predictions about the cryptocurrencycurrency.
According to Doctor Profit’s analysis and predictions for this market, if the virtual currency reaches new highs, it will continue in this manner.
Doctor Profit has seen a reversal in Bitcoin prices between $72K and $60K on March 14–15. The fact that the next mark is about $84,000 only serves to highlight how accurate he was initially.
Dr. Profit’s most recent cryptocurrency study emphasized the use of technical analysis, liquidity provision, and established market forces. Positive indicators of a potential price increase are signaled by a robust resistance level and a healthy financing rate.
Doctor Profit, however, asserts that this market is capable of making a discernible upward advance ahead of price swings and lends his weight behind the general optimism. He tries to emphasize knowledge of the present trading range and suggestions.
Dr Profit encourages us to take it easy anytime markets look to be down, citing historical occurrences like bans and crashes, to highlight the fact that currencies can rebound from downtrends. He sees promising indications of impending bulls as money is flowing into USDT and players’ interests are gaining traction.
Read also: Peter Schiff Taunts “Bitcoin Enthusiasts” Following The Halving Event
