The price of Bitcoin and Ethereum dropped below key levels as tensions in the Middle East increased. This resulted in liquidations of 155,000 accounts amounting to $533 million, with the largest liquidation coming from a single trade on Binance. A crypto analyst believes that the news of the war signifies the end of the rise of cryptocurrencies, but another analyst disagrees and points to the upward movement of Tether's Dominance chart as a positive indicator. Doctor Profit, a well-known analyst, predicted a bounce in BTC price but it instead fell, causing criticism from traders. However, Doctor Profit maintains that the $60,000 to $61,000 range is strong support for BTC due to various factors and believes that panic selling by retail investors will occur. He also dismisses the impact of the war on the crypto market, stating that the M2 money supply will drive the market to new highs. He predicts a BTC price of $550,000 and a market cap of $8 trillion by 2026. Doctor Profit advises traders to stay calm, not panic sell, and not be influenced by fear, as he believes a crash is unlikely and a bullish phase is underway.



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