Bitcoin price action has shifted into a high-volatility zone, and a well-known crypto trader is reinforcing a bearish outlook that is unfolding almost exactly as he projected. Doctor Profit—who previously pinpointed the $68,000 peak in 2021 and this cycle’s $125,000 top—is now mapping out further downside, framing the current correction as only the first stage of a much deeper decline.

Crypto Trader Reveals Bitcoin Price Targets After $125,000 Peak

Bitcoin price has entered a pronounced downward cycle, registering losses of 8.4% in the past 24 hours and more than 17% over the last two weeks. Doctor Profit noted on X (formerly Twitter) that Bitcoin’s drop from $125,000 marks the first stage of a larger bear-market trend. He frames the current environment as a transitiona

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