Bitcoin, its total market cap was headed back toward its six-week low of $18,661 on Sept. 6, territory it hasn't touched since the end of June. Bitcoin's total market cap was back below $375 billion on Sunday, a threshold last breached on Sept. 6 and not since July 13 before that.
For his part, Doctor Profit—whose main claim to fame is predicting $18,000 as the "ultimate bottom" for Bitcoin as early as April 2021—said that "the bottom is being formed" with a likely prince range of $18,000 to $25,000 through next March.