Analyst Predicts Bitcoin Could Slide to $44K After Sideways Phase

• Analyst says Bitcoin could consolidate between $57K and $87K before the next major move.
• The analyst compared the current pattern to the 2022 cycle, when Bitcoin fell 52% before another drop.
• Doctor Profit expects the final bear-market bottom for Bitcoin near $44K–$50K later this year.

Bitcoin may spend several weeks trading sideways before another decline, according to crypto analyst Doctor Profit. In his latest market report, Doctor Profit said Bitcoin currently moves inside a broad range between $57,000 and $87,000. He explained that this consolidation phase may precede a larger drop toward the $44,000 to $50,000 region.

Bitcoin Trades Inside New Consolidation Range

According to Doctor Profit, Bitcoin has entered what he describes as a “relief phase.” During this stage, the market may move sideways while occasional upward moves occur. He expects Bitcoin to fluctuate between $57,000 and $87,000 during this period.

Notably, he first identified this range in a report published when Bitcoin traded near $65,000. Doctor Profit compared the current market structure with earlier price behavior. He pointed to Bitcoin’s trading activity during 2024, when the asset moved between $58,000 and $74,000 for nearly a year.

At the time, he said that consolidation zone could later serve as a reference structure. Now, he noted that Bitcoin trades within similar price levels again. However, he described this zone as structural rather than long-term support. According to him, structures eventually break during bear markets.

Analyst Links Current Pattern To 2022 Market Cycle

Doctor Profit also compared the current market pattern to Bitcoin’s price movement in 2022. He noted that Bitcoin dropped about 52% from its previous all-time high during that cycle. After that decline, the market briefly recovered.

Bitcoin rallied roughly 44% before the next major downward move occurred. Doctor Profit said the current cycle shows similar behavior. He explained that Bitcoin has already fallen around 52% from its recent peak.

Because of this similarity, he expects a sideways phase before another decline begins. Meanwhile, he added that market sentiment remains weak, with fear levels described as extreme.

Trading Strategy Focuses On Range Opportunities

Doctor Profit outlined his current trading approach alongside the price outlook. According to him, he holds short positions opened between $115,000 and $125,000. Meanwhile, he placed spot buy orders between $57,000 and $60,000. He also reported a recent purchase near $68,000.

He said these purchases target short-term percentage gains during the sideways phase. However, he does not consider this zone the final market bottom. Doctor Profit expects the larger bear-market bottom to occur later.

He identified a potential final range between $50,000 and the low $40,000 area. According to him, that level could appear around September or October if the pattern continues.