Doctor Profit, a well-known cryptocurrency analyst, has reiterated his bearish outlook for the crypto market throughout 2026. Despite Bitcoin's recent price movements within the $90,000 range and Ethereum's stability above $3,000, Doctor Profit remains skeptical, predicting a downturn. He highlights Bitcoin's sideways consolidation since November as a sign of impending decline, forecasting a drop below $80,000.
In his latest report, Doctor Profit outlines his strategic trading approach, maintaining short positions in the $115,000-$125,000 range and planning to add more if Bitcoin reaches $97,000-$107,000. He advises traders to manage risks and diversify orders to optimize gains. Additionally, he notes the significance of the upcoming CLARITY Act bill, expected to impact market sentiment when its text is released on January 21, with a vote scheduled for January 27.
Doctor Profit Maintains Bearish Stance on Crypto Market for 2026
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