Analyst Who Called Bitcoin Top Says Price Is Going To $200,000, But Should You Buy Now?

Crypto analyst Doctor Profit, who called the Bitcoin top, has predicted that BTC could still rally to $200,000, marking a new all-time high (ATH) for the leading crypto. However, the analyst suggested now isn’t a good time to buy as BTC is still likely to drop lower. Bitcoin Still Going To Rally To $200,000 But Will Drop Lower First In an X post, Doctor Profit indicated that Bitcoin would rally to $200,000, but that now is not a good time to buy, as BTC is likely to drop further, presenting a better buying opportunity. He explained that someone who buys at the current price would get fewer coins than someone who waits for BTC to drop to around $40,000. Related Reading: Bitcoin Price To $80,000: How The February Bullish Trend Can Push It 20% Higher The analyst criticized those who might argue that buying today is the same as buying at any other time, since there is an expectation that Bitcoin will still rally to $200,000. He described this as “absolutely dangerous thinking.” Doctor Prof