Bitcoin (BTC) continues to navigate a phase of consolidation, hovering just above $113,000, leaving investors uncertain about the BTC’s next move. This uncertainty has led one analyst, known for accurately predicting BTC’s trajectory during this cycle, to suggest that a new bear market may be closer than many investors anticipate. Bear Market Warning In a recent post on social media platform X (formerly Twitter), the analyst, who goes by the name Doctor Profit, expressed ongoing confidence in his bearish outlook. Since adopting a negative stance in August, he has maintained that Bitcoin is likely to reach the $90,000 to $94,000 range
source: https://www.newsbtc.com/bitcoin-news/bitcoin-90000-level-holds-key-to-preventing-a-new-bear-market-top-analyst-says/