Silver-Tongued Analyst Who Predicted Black Swan Crash Event Reveals What’s Next for the Crypto Ma...

Silver-tongued analyst who predicted black swan crash event reveals what’s next

The analyst remains tentatively bullish

He believes the action of the stock market will determine just how bullish crypto can be.

The crypto community is slowly finding their feet back on solid ground after the devastating, almost $20 billion liquidation that shook the market two days ago. The near crypto market reset event liquidated nearly all longs and leverages, creating a clean slate for the crypto market. Silver-tongued analyst who predicted black swan crash event reveals what’s next for the crypto market in his latest weekly report

Silver-Tongued Analysts Who Predicted Black Swan Crash Event

Late last week, the crypto market experienced a brutal, never-before-seen market crash that wiped out almost $20 billion in one fell swoop. In under an hour, the price of BTC fell from $121,000 to $104,000, taking down Ethereum and altcoin prices down with it. In detail, altcoin prices fell between 50% to 90%, with some coins going to zero, thereby wiping out all leverages and longs completely

Even short trades saw about $3 billion in liquidations. The drop set a record for the greatest market liquidation to date, even beating out the Covid crash of 2020 by a large amount. The catalyst behind this crash was connected to Trump announcing the 100% tariff on China. The speed and ferocity with which the crypto market took the hit led many analysts to believe that market manipulation and foul play were at work

Reveals What’s Next for the Crypto Market

Amidst the reaction, one reputed crypto analyst, known for his silver-tongued predictions, Doctor Profit, seems to have been one of the very few to have come out of the crash stronger. The analysts, since August, have been expecting a huge market dip as he was certain the market was overbought and called for a massive dump to balance the. Initially, he predicted a BTC price drop to $90,000

However, after this dip played out, the analyst says the $90,000 BTC target is no longer necessary. In fact, he goes on to share a detailed report where he explains that the crash wasn’t caused by Trump’s announcement, but rather acted as a trigger to what was inevitable. He congratulates those who survived the crash and reveals that he has made his greatest gains yet during this dump

As we can see from his report in the post above, Doctor Profit reveals that he is tentatively bullish for now and took the dip opportunity to buy promising altcoins in bulk at much lower prices. These altcoins include SUI, XRP, ONDO, ETH, and HYPE. He concludes with various other indicators he took as signs for the dump that no one else saw coming, and says that the stock opening of this week will determine just how bullish the market can be going forward