Is Bitcoin’s Rally Fake? Analyst Sees Massive Downside Ahead

Pseudonymous crypto analyst Doctor Profit is predicting a steep Bitcoin (BTC) correction after the asset reclaimed the $82,000 level, warning that retail buyers flooding back into the market are walking into a trap.

In a lengthy post on X, they laid out a detailed short strategy targeting the $82,000-$85,000 zone, with a price target of $50,000 or below for the eventual downside move.