DR Profit Crypto Analysis: Bitcoin in free fall, $60K on traders' radar

GasGuzzler · 2025-12-26T19:07:16+00:00

Significant movements in the Bitcoin market indicate selling pressure, with $3 billion transferred to exchanges. Trader DR Profit Crypto predicts a drop to $60,000, suggests a structural reversal, and warns of new lows if this level is broken.

GasGuzzler

2025-12-26 19:07:16

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On-chain data reveals significant movements in the Bitcoin market. Giants like Grayscale and BlackRock made massive withdrawals, with over $3 billion in BTC transferred to exchanges in just 45 minutes on November 20 – a clear sign of institutional selling pressure.

In this scenario, renowned trader DR Profit Crypto presents a rather pessimistic analysis. Bitcoin, which reached its peak of $125,000, is now facing a sharp decline. In the last 24 hours, the leading cryptocurrency lost 8.4%, while over a two-week period, the pullback exceeds 17%. With the current price around $87,260, the path to the next target seems quite challenging.

Structural Downside Projection

DR Profit Crypto, who accurately predicted the 2021 top near $68,000, now sees the current correction as only the first stage of a deeper retracement. According to his analysis, the next critical support level is at $60,000 – representing a decline of approximately 32% from the recent peak.

The trader’s thesis is that this will not be a simple consolidation but a structural trend reversal. Large institutions unwinding positions, as evidenced by Bitcoin withdrawals from major holders’ wallets, reinforce this perspective.

What to Expect in the Next Steps

While the market processes this wave of institutional selling, traders and investors are closely monitoring support levels. DR Profit Crypto’s analysis provides an important risk map: if $60,000 gives way, new lows could be forming in the short term.

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