Renowned crypto analyst Doctor Profit is standing by his market assessment, maintaining that Bitcoin's recent rally is a short-term fakeout. Back in August 2025, he predicted that the current cryptocurrency bear market had begun in the fourth quarter of 2025. Although BTC subsequently surged to a new high of $125,000, this move did not change his overall trend outlook. Doctor Profit later stated that his previous bearish expectations were still conservative, and he now believes that Bitcoin may retrace to the $40,000 level in the coming months. Despite the short-term price rebound, he emphasizes that market sentiment is being overhyped and that the technical picture has not formed sustained upward momentum, advising investors to remain vigilant and avoid chasing highs. He points out that a true trend reversal requires confirmation from a confluence of factors, including trading volume, on-chain data, and macro liquidity signals.
Analyst Calls Recent BTC Surge a Fakeout, Still Predicts $40K Long-Term Target
Analyst Doctor Profit considers Bitcoin's recent surge to $125,000 a fakeout, maintaining a long-term bearish view despite the short-term rebound, predicting a price drop to $40,000, and warning investors to be wary of emotional hype.