Prominent Trader: Bitcoin short target remains at $79,000, deepest correction expected between $69,000 and $71,000

Renowned trader Doctor Profit posted that he has shorted Bitcoin at $86,200 and is adding short positions in the $86,500–$89,500 range to build a swing short position. His current target remains $79,000; once that level is hit, he will decide to either take profits or hold the short based on Bitcoin’s price reaction. He noted the deepest correction range he is considering is $69,000–$71,000, and does not expect prices to drop lower. While the short entered at $86,200 is working so far, he will assess the market at each price level rather than betting on a deep correction outright. His next step is to first monitor support performance near $79,000 to determine whether Bitcoin will continue falling, reverse to extend the bull market, or hit a new local high.