Famous trader: Bitcoin may pull back to $79,000, and after the adjustment, the bull market will continue

Famous trader Doctor Profit stated that he has increased his Bitcoin short position to 13 million dollars, expecting BTC to undergo a correction, with a target price of 79,000 dollars.

He will decide the next steps based on price performance after Bitcoin reaches that level. He emphasized that this short position does not indicate a bearish outlook on the long-term trend. He believes the Bitcoin bear market has ended, and the current expectation is merely a phase adjustment within the bull market; after the correction ends, the Bitcoin bull market will continue.