Well-known traders: Bitcoin will not fall below $50,000, wait for the October fomo market

Comparing news, Doctor Profit (@DrProfitCrypto) posted an article today saying that the public generally expects Bitcoin to bottom out in September-October due to the four-year cycle. This consensus will constitute a reverse signal, so the bottom under the traditional view may not occur, and the probability that Bitcoin will fall below $50,000 is low.

Doctor Profit has deployed all of the short profits to buy Bitcoin at around $64,000, and plans to gradually accumulate 5% of the daily capital in the range of $54,000 to $64,000, while allocating the BTC:ETH 4:1 ratio to balance positions.

Doctor Profit emphasized that institutional events such as the launch of BlackRock's tokenization platform in October and the potential August Regulatory Clarification Act will bring about 24-hour stock trading and blockchain legalization narratives, which may trigger FOMO ahead of time and push up prices.

Doctor Profit is an elite Swiss cryptocurrency trader with nearly 500,000 followers on the X platform, known for psychoanalysis, bitcoin, and stock trading. He successfully shorted and profiteed around $120,000 in Bitcoin in September 2025, and recently closed all Bitcoin and over 100 short positions in altcoins, and began a spot accumulation strategy instead.