Renowned crypto analyst Doctor Profit has outlined a six-stage framework for Bitcoin's price action, identifying the cryptocurrency as currently being in Stage 4. This stage, characterized by market dehydration and depression, involves prolonged sideways movement and liquidity creation. Doctor Profit's framework, developed through observation of past bull and bear markets, suggests that Bitcoin will soon enter Stage 5, marked by fear and capitulation, potentially dropping to the $35,000-$40,000 range. The analyst's framework begins with Stage 1, an euphoric market phase, followed by a rapid decline in Stage 2, and a brutal bear market confirmation in Stage 3. Stage 4, where Bitcoin currently resides, is less volatile but exhausting. Doctor Profit predicts that after Stage 5's capitulation, Bitcoin will enter Stage 6, where stabilization and structural reversal will lay the groundwork for the next bull cycle.