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Why Going Bullish on Crypto Now Could Be a Fatal Mistake, Expert Explains

Why Going Bullish on Crypto Now Could Be a Fatal Mistake, Expert Explains

CryptonewslandCryptonewsland2026/06/23 10:57
By:Cryptonewsland
  • Why going bullish on crypto now could be a fatal mistake.
  • Expert trader explains the need for a capitulation event. 
  • The silver-tongued analyst makes a bold prediction.

The crypto market continues to see a steady fall in market prices, leading several analysts and traders to believe that the crypto prices may be bottoming over the coming days. On this matter, Doctor Profit, a popular crypto analyst, reputed for his many accurate predictions, explains why going bullish on crypto now could be a fatal mistake. This figure has been bearish since August 2025, and continues to remain so. 

Why Going Bullish Now Could Be a Fatal Mistake

Doctor Profit was one of the only market analysts that saw the October 2025 crash coming as he had already set his short order at $125,000 just after BTC set its $126,000 ATH. In his latest weekly market report, he declares that everyone who is bullish on crypto at the moment is making a big mistake. He reminds them that there is still another major market drop expected, finally marking the real bottom. 

#Bitcoin – What's Next?

The Big Sunday Report: All We Need to Know

🚩 TA / LCA / Psychological Breakdown:

Everyone bullish here is making a big mistake, and don't misunderstand my words. I clearly speak about those who are buying now long term, believing the bottom was in.… pic.twitter.com/yxjGmjmVNw

— Doctor Profit 🇨🇭 (@DrProfitCrypto) June 21, 2026

As we can see from the post above, he explains by saying that those who are buying now are flooding the market with liquidity the market needs, not only STRC, but also miners and other crypto businesses. While most altcoin businesses died on October 10, 2025, some crypto businesses, venture capitalists, hedge funds, custodians, lending platforms, and yield protocols are on the verge of collapse.

What’s more, he states that ahead of them, the golden horse and master of the collapse and the person who was the biggest loser of the dot com bubble, in terms of billions of dollars lost, is Michael Saylor and his company Strategy. Thus, he reminds everyone that buying now is donating money to a collapsing system, and it’s the crypto system that is collapsing presently.

Expert Analyst Explains the Market Situation

Then he confirms that the crypto market will certainly recover, but it is not worth entering at its current state. He then reveals that he will enter eventually as he remains bullish on the long-term. However, for now he does not think it worth entering the crypto market unless BTC makes its final leg down and falls to the $50,000 price range or below. Finally, he talks about the final capitulation event that will push BTC to bottom soon.

He says that Bitcoin has never bottomed out without a miner capitulation. So how does one call for a bottom without a clear miner capitulation? The miner capitulation that follows the sell-off is a blow of a large venture capitalist, fund, or even an exchange. Last year it was FTX, but also Three Arrows Capital (3AC), Alameda Research and its connections to FTX, Digital Currency Group/Genesis, BlockFi, Voyager, Celsius and many other names.

So what could be the event this cycle? One could be Ethereum’s core developer funding crisis within 3-9 months. Ethereum needs roughly $30 million per year to fund the ETH Foundation, the same foundation that kept selling ETH, financing their own pockets, and now simply says they can no longer finance the project. This could create a fall for many ETH-native tokens.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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