Bitcoin is trading inside a range that one closely followed analyst says has been unfolding exactly as anticipated months ago. The focus is now shifting toward lower price objectives after weeks of sideways movement.
In a detailed breakdown shared this week, Doctor Profit said he began preparing short positions between $115,000 and $125,000 in August 2025.
Those positions were triggered during September and October, ahead of a sharp move lower that ultimately reached an initial downside target near $80,000. Following that decline, he outlined expectations for extended consolidation in the same region, a scenario he says has now played out for seven consecutive weeks.
Short Positions Remain Anchored at Higher Levels
According to the analysis, there is no intention to add fresh shorts at current prices. Instead, the only zone where Doctor Profit says he would increase short exposure aggressively is on a rebound into the $97,000–$107,000 range. Any move into that area is described as an opportunity to increase position size tied to the existing shorts opened between $115,000 and $125,000.
The chart shared alongside the commentary highlights that upper zone as “Top Territory,” an area previously associated with heavy selling pressure. Price has since rolled over from that region and failed to reclaim it.
$70K–$75K Identified as Next Major Objective
The next major downside target is now clearly defined. Doctor Profit points to the $70,000–$75,000 zone as the primary bearish objective if current conditions persist. That area is marked as the next target on the chart, positioned well below the recent consolidation range.
At the same time, the strategy outlined is not exclusively bearish. A spot Bitcoin position remains open from $85,000, with the stop-loss set at the entry area. This structure reflects a split approach, maintaining downside exposure through shorts while keeping a defined spot position with tight risk controls.
Sideways Price Action Fits the Thesis
Price action over recent weeks has stayed compressed below former highs, aligning with the expectation for consolidation after the initial drop toward $80,000. The chart shows repeated failures to push back into the upper resistance zone, while lower levels continue to attract attention as potential destinations.
Doctor Profit summarized the outlook as straightforward: keep shorts from the $115,000–$125,000 area, look to add on any rally into $97,000–$107,000, maintain a spot position from $85,000 with risk defined, and keep the $70,000 region in focus as the next bearish target.
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