A trader known as Doctor Profit has shorted Bitcoin at $86,200 and is adding more short orders between $86,500 and $89,500 as part of a swing trade strategy. He plans to evaluate Bitcoin's price reaction at $79,000 to decide whether to close the short position for profit or continue holding it. Doctor Profit expects the deepest pullback to be between $69,000 and $71,000 but does not anticipate Bitcoin falling below that range. His next focus is on how Bitcoin holds support near $79,000, which will influence whether the price drops further or reverses to extend the bull market.
Doctor Profit's Bitcoin short target is $79,000. For readers following major cryptocurrencies, here is Pluang's market snapshot as of Oct 04, 2026 07:31 WIB: out of 50 major cryptocurrencies, 36 rose and 13 fell today. ONE (Harmony) surged 19.39% to Rp46 with 58% of Pluang orders selling, contrasting with SAND (The Sandbox) which rose 11.40% to Rp1.315 and saw 54% buying activity. BAL (Balancer) also gained 11.14% to Rp16.297 with a typical hold time of 85 days on Pluang.
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