- Most bullish crypto analyst turns bearish amidst Trump’s latest announcement.
- Doctor Profit believes a major bear trap is unfolding and expects high FUD.
- He went on to sell his ONDO and take profits for BTC between $90,000 to $102,000.
The crypto market saw mixed reactions from Trump’s US Bitcoin Strategic Reserve announcement. While most, including reputed economic experts like Robert Kiyosaki, reacted bullishly and advised to buy more BTC, one bullish crypto analyst turns bearish and begins to sell his long-term holding bags.
Most Bullish Crypto Analyst Turns Bearish
As we can see from the post above, Doctor Profit, one of the most bullish crypto analysts, turns bearish amidst Trump’s Bitcoin Strategic Reserve announcement. He has revealed his sell targets between $90,000 and $102,000. This reaction came as quite a major shock to the crypto community, for Doctor Profit had made many accurate predictions so far in the bull market and had remained heavily bullish up until Trump’s announcement.
Doctor Profit Reveals His Strategic Moves
Doctor Profit says that in a market as volatile as the crypto market, things can change quickly. Since Trump’s announcement, Doctor Profit makes a new prediction, he believes Trump’s move to be the start of a massive bear trap which will take Bitcoin (BTC) into a heavy correction phase to the $50,000 to 60,000 price range in the coming months.
However, he also says that once this correction phase and bear trap ends, the price of Bitcoin (BTC) will continue to pump towards the $120,000 to $150,000 price range which will likely arrive at the ned of this year. He even says that a $500,000 ATH for BTC is a target he’s set for 2030, one that is still in play.
Ultimately, he expects major FUD to enter the market soon and taking his new prediction in mind, it seems Doctor Profit has not given up on BTC in the long-term, he is simply realising his gains now before the market falls into a deeper correction phase. He has also emptied his ONDO bags to take existing profits.
