{"id":41294,"date":"2026-04-27T08:03:26","date_gmt":"2026-04-27T08:03:26","guid":{"rendered":"https:\/\/cryptd.in\/bitcoin-to-hit-83k-87k-before-brutal-reversal-says-trader\/"},"modified":"2026-04-27T08:03:26","modified_gmt":"2026-04-27T08:03:26","slug":"bitcoin-to-hit-83k-87k-before-brutal-reversal-says-trader","status":"publish","type":"post","link":"https:\/\/cryptd.in\/hu\/bitcoin-to-hit-83k-87k-before-brutal-reversal-says-trader\/","title":{"rendered":"Bitcoin to Hit $83K-$87K Before Brutal Reversal, Says Trader"},"content":{"rendered":"<p>Doctor Profit, a well-known crypto trader, has said that Bitcoin (BTC) could climb into the $83,000 to $87,000 range before a sharp sell-off.<\/p>\n<p>According to him, both bulls and bears are about to get wiped out in what he calls a \u201cbrutal event.\u201d<\/p>\n<h2>A Bull Trap Playing Out to Plan<\/h2>\n<p>In his April 27 Sunday Report on X, Doctor Profit <a href=\"https:\/\/x.com\/DrProfitCrypto\/status\/2048453466788331548?s=20\">laid out<\/a> his positioning in detail. After riding a long from $71,000, he\u2019s now preparing to take profits and \u201cadd more shorts to the existing 120K short position\u201d in the $83,000 to $85,000 range.<\/p>\n<p>More than 90% of his short orders are clustered there, and he still sees the $79,000 to $84,000 zone as \u201ca great area to accumulate shorts.\u201d However, he said he\u2019s \u201ccertain\u201d the market pushes past $83,000 first, which is why he moved his entries higher.<\/p>\n<p>The market watcher also flagged a resistance level sitting at $87,700, just 3% above the $85,000 area, and kept it on the table as a possible extension before the larger drop. His longer-term targets remain below $50,000, a call baked into his plan well before the current bounce started.<\/p>\n<p>Doctor Profit\u2019s read on the dynamic is blunt: influencers calling for shorts too early are providing the fuel to push prices higher, their positions getting liquidated on the way up while the real move gets set up.<\/p>\n<blockquote>\n<p>\u201cIt will be a brutal event that is liquidating late bears and bulls! Both sides will lose unless you play it clever,\u201d he wrote.<\/p>\n<\/blockquote>\n<p>On the macro side, he flagged Wednesday\u2019s FOMC as a likely non-event for rates but noted it\u2019s Jerome Powell\u2019s final press conference as Chair, with Kevin Warsh widely expected to take over, which would potentially put rate cuts on the table as early as June or September. However, Doctor Profit said he \u201chighly doubts\u201d that the dovish pivot materializes.<\/p>\n<h2>Sentiment Swings and Analysts Disagree<\/h2>\n<p>The setup Doctor Profit is describing fits a broader pattern playing out in real time. On-chain analytics firm Santiment <a href=\"https:\/\/cryptopotato.com\/btc-crowd-flips-from-extreme-pessimism-to-ultra-fomo-as-price-nears-80k\/\">tracked<\/a> a swing from \u201cextreme pessimism\u201d at the start of last week to what it called \u201cultra FOMO mode\u201d by Thursday, April 23, after Bitcoin recovered above $78,000. The firm flagged the crowd\u2019s enthusiasm as a \u201cclear caution signal\u201d rather than a green light.<\/p>\n<p>Analyst <a href=\"https:\/\/cryptopotato.com\/bitcoins-next-move-new-ath-or-dump-to-55k-analysts-clash-but-bulls-dominate\/\">views<\/a> beyond that are all over the place. Writing on April 26, Ali Martinez pointed to $96,000 as the next major resistance after BTC reclaimed the $73,700 MVRV band but warned a break below that level could send prices toward $55,000.<\/p>\n<p>EGRAG CRYPTO\u2019s worst-case target lands at the same level, although that analyst also mapped out a path to a new all-time high if Bitcoin reclaims $90,000.<\/p>\n<p>On his part, Micha\u00ebl van de Poppe believes a breakout above $84,000 to $87,000 would be enough for him to call the bear market over, with $100,000 as his most bullish scenario.<\/p>\n<p>A poszt <a href=\"https:\/\/cryptopotato.com\/bitcoin-to-hit-83k-87k-before-brutal-reversal-says-trader\/\">Bitcoin to Hit $83K-$87K Before Brutal Reversal, Says Trader<\/a> jelent meg el\u0151sz\u00f6r a <a href=\"https:\/\/cryptopotato.com\/\" rel=\"nofollow\">CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"<p>Doctor Profit, a well-known crypto trader, has said that Bitcoin (BTC) could climb into the $83,000 to $87,000 range before a sharp sell-off. According to him, both bulls and bears are about to get wiped out in what he calls a \u201cbrutal event.\u201d A Bull Trap Playing Out to Plan In his April 27 Sunday [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":41296,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-41294","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-feeds"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Bitcoin to Hit $83K-$87K Before Brutal Reversal, Says Trader - cryptd.in<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cryptd.in\/hu\/bitcoin-to-hit-83k-87k-before-brutal-reversal-says-trader\/\" \/>\n<meta property=\"og:locale\" content=\"hu_HU\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Bitcoin to Hit $83K-$87K Before Brutal Reversal, Says Trader - cryptd.in\" \/>\n<meta property=\"og:description\" content=\"Doctor Profit, a well-known crypto trader, has said that Bitcoin (BTC) could climb into the $83,000 to $87,000 range before a sharp sell-off. 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