- Bitcoin is consolidating between the Golden Line at 77K and the Hammer Line at 85.2K, signaling a critical decision zone for traders.
- Doctor Profit’s dual-position strategy from 77K and 90K prioritizes capital preservation with structured risk management in volatile markets.
- Market sentiment remains tense as macro triggers like Fed cuts, trade deals, and rising M2 could ignite a breakout toward a new all-time high.
Bitcoin continues to trade within a narrow range, trapped between two key technical levels—77K and 85.2K. This tight 10% range reflects growing market uncertainty as investors wait for the next big move. According to technical strategist Doctor Profit, Bitcoin is currently dancing on the edge of a crucial support level known as the Golden Line. This line, resting at $77,000, has held since early 2023 and still shows strength. Above, the resistance level—dubbed the Hammer Line—remains unbroken despite multiple retests.
Besides this range-bound movement, there are two active trades in play. The spot buy at 77K and a short position from 90K. Both are currently profitable. Doctor Profit stresses that his strategy focuses on capital preservation first, then positioning for upside. Stops are already moved to breakeven, making both trades risk-free. Consequently, a break above the Hammer Line would trigger the closure of the short position. On the flip side, a breakdown below the Golden Line would prompt an exit from the spot trade.
Moreover, Doctor Profit emphasizes on high-volatility conditions. Retail traders often get trapped by entering without a plan. However, structured trading with clear risk parameters remains key in uncertain times. If Bitcoin retests the Golden Line, Doctor Profit plans to accumulate more. He has already placed limit orders at that level. Additionally, he warns against trading within this range, calling it a “forbidden zone.” According to him, acting in this area without strategy is financial suicide.
Market Triggers and Long-Term Outlook
Several macroeconomic factors may drive the next breakout. These include possible US-China trade deals, Fed rate cuts, and increased M2 money supply. Furthermore, the market has already priced in most bad news, including inflation and weak earnings. However, bullish triggers are still underpriced. This asymmetry in market sentiment could spark a rally.
Hence, Doctor Profit believes a breakout above the Hammer Line is more likely than a breakdown below the Golden Line. He expects Bitcoin to reclaim momentum and test a new all-time high. Until then, traders should stay patient, manage risk tightly, and remain focused on execution over emotion.
