{"id":73636,"date":"2026-02-23T21:31:39","date_gmt":"2026-02-23T21:31:39","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=73636"},"modified":"2026-02-23T21:31:39","modified_gmt":"2026-02-23T21:31:39","slug":"heres-all-you-need-to-know-about-the-bitcoin-price-this-week","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=73636","title":{"rendered":"Here\u2019s All You Need To Know About The Bitcoin Price This Week"},"content":{"rendered":"<div>\n<p>The Bitcoin price is currently consolidating near $65,000 on the weekly chart, with crypto analyst Doctor Profit warning that the market remains locked inside a broader <a href=\"https:\/\/x.com\/drprofitcrypto\/status\/2025494304878104773?s=52\" target=\"_blank\" rel=\"noopener nofollow\">bear market structure<\/a>. In a \u201cspecial Bitcoin report\u201d released this week, the analyst reviewed past price movements and trends, assessed the market\u2019s current position, and outlined what could unfold next. The report\u2019s structure highlights a progression from euphoric peak to major capitulation and <a href=\"https:\/\/bitcoinist.com\/bitcoin-drops-68k-amid-four-week-slide-but-bullish\/amp\/\" target=\"_blank\" rel=\"noopener \">price declines<\/a>, followed by stabilization and the possibility of a trend reversal.\u00a0<\/p>\n<h2>From Market Euphoria To A Major Bitcoin Price Crash<\/h2>\n<p>In an X post on February 22, Doctor Profit <a href=\"https:\/\/x.com\/drprofitcrypto\/status\/2025494304878104773?s=52\" target=\"_blank\" rel=\"noopener nofollow\">shared<\/a> a Bitcoin price report, outlining six stages of the bear market based on patterns he has observed in every major Bitcoin cycle. His framework emphasized recurring drivers such as liquidity mechanics, leverage positioning, and predictable human behavior<a href=\"https:\/\/bitcoinist.com\/bitcoin-market-structure-points-to-ongoing-stress\/amp\/\" target=\"_blank\" rel=\"noopener \"> under stress and panic<\/a>.\u00a0<\/p>\n<p>For Stage 1, Doctor Profit stated Bitcoin saw euphoric buying between $115,000 and $125,000 in 2025. He noted that despite the<a href=\"https:\/\/www.newsbtc.com\/bitcoin-news\/bitcoin-bull-run-set-to-last-until-2027-analysts-highlight-influential-factors\/amp\/\" target=\"_blank\" rel=\"noopener nofollow\"> extreme bullish sentiment<\/a>, the market was overleveraged and overloaded. Extended sideways movement also occurred at these highs, fueled by sudden price spikes, which created an illusion of strength. According to the analyst, late market participants believed risk had disappeared, while price predictions reached extreme levels, reflecting the<a href=\"https:\/\/bitcoinist.com\/bitcoin-on-edge-of-extreme-greed-is-euphoria-coming\/amp\/\" target=\"_blank\" rel=\"noopener \"> highest phase of greed<\/a>.\u00a0<\/p>\n<p><img data-recalc-dims=\"1\" fetchpriority=\"high\" decoding=\"async\" class=\"size-large wp-image-666048\" src=\"https:\/\/bitcoinist.com\/wp-content\/uploads\/2026\/02\/Bitcoin-chart-from-Doctor-Profit.jpg?w=512&amp;resize=512%2C273\" alt=\"Bitcoin\" width=\"512\" height=\"273\"><\/p>\n<p>Following this, Stage 2 began when Bitcoin dropped below<a href=\"https:\/\/www.newsbtc.com\/news\/bitcoin\/bitcoin-100000-rejection\/amp\/\" target=\"_blank\" rel=\"noopener nofollow\"> the $100,000 psychological level<\/a>. Doctor Proft explained that this level was critical because its loss triggered stress among short-term investors and forced leveraged traders out. He stated that the price drop was rapid and dramatic, with<a href=\"https:\/\/www.tradingview.com\/news\/newsbtc:6e5bf7cff094b:0-most-coordinated-attack-in-crypto-history-what-led-to-19-billion-in-losses-as-bitcoin-price-crashed\/\" target=\"_blank\" rel=\"noopener nofollow\"> the October 10, 2025, flash crash<\/a> producing the largest liquidation event in crypto history within hours.\u00a0<\/p>\n<p>Subsequently, Doctor Profit revealed that Stage 3 confirmed the bear market through an even more brutal decline. He stated that the Bitcoin price had fallen from $97,000 in January 2026 to $47,000 in February, representing a more than 50% crash from<a href=\"https:\/\/bitcoinist.com\/bitcoin-price-crossing-126000-options-market\/amp\/\" target=\"_blank\" rel=\"noopener \"> the all-time highs<\/a> in just 30 days. The analyst emphasized that this phase was the fastest and most punishing, leaving many investors in deep panic and forcing them to incur losses they could not mitigate quickly enough. He noted that nearly half of<a href=\"https:\/\/bitcoinist.com\/bitcoin-losses-equal-19-market-cap-echoing-may-2022\/amp\/\" target=\"_blank\" rel=\"noopener \"> Bitcoin\u2019s market capitalization was wiped out<\/a> during this short period, completing what he described as a \u201cviolent mechanical repricing.\u201d<\/p>\n<h2>Where The Market Stands And What Comes Next<\/h2>\n<p>In his report, Doctor Profit noted that Bitcoin is currently in Stage 4 of his bear market framework. He said that this phase is characterized by dehydration, depression, and liquidity creation. The chart shows clearly defined sideways, marking upside and downside boundaries. According to the analyst, this current stage is less violent than the previous one. However, it extremely exhausts retail traders, generating liquidity as <a href=\"https:\/\/www.newsbtc.com\/news\/30-of-crypto-market-makers-got-wiped-mike-novogratz\/amp\/\" target=\"_blank\" rel=\"noopener nofollow\">market makers<\/a> trap both breakout traders and breakdown sellers.\u00a0<\/p>\n<p>The analyst stated that Stage 4 also drives the largest<a href=\"https:\/\/bitcoinist.com\/bitcoin-ownership-dynamics-shift\/amp\/\" target=\"_blank\" rel=\"noopener \"> short-term holder capitulation<\/a>. He noted that retail traders who missed selling in earlier stages are now exiting at a loss. As a result, he expects a short-to-mid-term bounce between $57,000 and $60,000 within the current sideways range. Following this, a breakdown toward Stage 5 is more likely to occur in the next few months.<\/p>\n<p>Notably, Doctor Profit described Stage 5 as the \u201ctrue capitulation phase.\u201d He stated that this stage will bring total fear and panic, potentially involving the collapse of a major player or<a href=\"https:\/\/bitcoinist.com\/bitcoins-next-supercycle-hinges-on-one-thing-national-adoption-exec-says\/amp\/\" target=\"_blank\" rel=\"noopener \"> a black swan event<\/a>. The analyst updated his previous Bitcoin projections of $40,000-$50,000 to an ultimate bottom of $35,000-$45,000. This suggests another significant downside from current levels, where the analyst says the capitulation will likely play out.\u00a0<\/p>\n<p>For the final phase, Doctor Profit said Stage 6 will combine continued sideways movement with structural recovery. He stated that selling pressure will gradually decrease and the market will begin creating the foundations for its next bullish cycle. He added that<a href=\"https:\/\/www.newsbtc.com\/bitcoin-news\/bitcoin-enters-accumulation-regime-market-supported-by-seller-exhaustion-not-buying-surge\/amp\/\" target=\"_blank\" rel=\"noopener nofollow\"> large players could also begin accumulating<\/a> here, while retail investors may become greedy for lower prices and ultimately miss the true market bottom. He said this would be a perfect repeat of every bull cycle, where retail investors buy high and sell low.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"size-large\" src=\"https:\/\/www.tradingview.com\/x\/kBmzCm5G\/\" alt=\"Bitcoin\" width=\"2108\" height=\"1628\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>The Bitcoin price is currently consolidating near $65,000 on the weekly chart, with crypto analyst Doctor Profit warning that the market remains locked inside a broader bear market structure. In a \u201cspecial Bitcoin report\u201d released this week, the analyst reviewed past price movements and trends, assessed the market\u2019s current position, and outlined what could unfold [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-73636","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/73636","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=73636"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/73636\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=73636"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=73636"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=73636"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}