Trader Doctor Profit said $76,000 is a key Bitcoin support level and outlined a conditional risk of a move to $67,000-$69,000 if it fails, while maintaining his view that the bull market can continue.
Support after a sharp move
In a post cited by BlockBeats, Doctor Profit said Bitcoin had lost the daily EMA50 and MA50 support area around $80,000-$81,000 after what he called a black-swan event. He said the market remained within his bullish fractal structure and identified $76,000 as the next important support.
Conditional downside scenario
Doctor Profit wrote that a break below $76,000 would increase the risk of a move to $67,000-$69,000. He described the recent action as a large shakeout and said he remained confident the bull market would continue.
These are Doctor Profit’s market views and conditional scenarios, not an independently verified forecast or investment guidance. Sources: BlockBeats English flash and Doctor Profit’s post via FxTwitter, published October 31, 2026.