
Analyst Doctor Profit opens Bitcoin short at $86,200 targeting $79,000
- —Short opened at $86,200 with a first target of $79,000 (-8.4%)
- —Bitcoin bought near $60,000 remains in his portfolio
- —Closing the short depends on whether BTC holds the 50-week average
- —Profits from the short are earmarked for more BTC and ETH
Why it matters: A widely followed analyst betting on a pullback after a 6% rally highlights growing debate over the sustainability of the move.
Source: Crypto Insiders