Analyst calls BTC rebound a bull trap, targets $82K–$85K for shorts

Analyst Doctor Profit has analyzed the current Bitcoin (BTC) rebound, calling it a bull trap and identifying the $82,000 to $85,000 range as an optimal zone for building short positions. He explained that the current rise is merely a technical rebound and the mid-$80,000s are likely to be a local top. Mirroring a strategy he used when shorting around the $120,000 level last year, he is adding 10% of his funds to a short position daily within this range. Doctor Profit noted that while market sentiment could become extremely optimistic in the coming days or weeks, a significant drop is likely to follow, potentially sending prices below $50,000 in the long term.