Crypto analyst Doctor Profit has doubled down on a bearish Bitcoin outlook this week, issuing a detailed psychological and technical read that warns traders to expect more downside unless fresh bullish catalysts emerge. Key takeaways - Stalled momentum: Doctor Profit noted on X that Bitcoin has lacked meaningful price movement since November 2025, trading in a prolonged sideways consolidation he interprets as a bearish signal that could eventually trigger another crash below the $80,000 area. - Positions and levels: The analyst says he remains short from prior entries around $115,000 and $125,000. He confirmed one of his shorter entries near $97,000 was filled and another is positioned around $98,000. He will consider adding further shorts only if BTC revisits the $97,000–$107,000 zone. Additional orders have been placed between $97,000 and $110,000 to manage risk during the consolidation. - Technical map: Doctor Profit’s chart marks a “top territory” close to $120,000 and shows the cluster of short orders he’s using to trade a potential rollover. - Regulatory catalyst: He flagged January 21, 2026, as a pivotal date—the expected public release of the CLARITY Act text—which he says could materially move markets by removing regulatory ambiguity. Even without an immediate committee vote, the text’s release would give institutions and exchanges a clearer sense of who regulates crypto and how. A vote by the Senate Banking Committee is scheduled for January 27, with outcomes likely to influence sentiment and price action. - Bear case target: Remaining “extremely bearish,” Doctor Profit projects another leg down that would validate his bear-market thesis—potentially pushing BTC toward the $70,000–$75,000 range. With Bitcoin quoted above $92,500 at the time of his note, that implies a decline of more than 20%. Why it matters Doctor Profit’s view combines technical risk management with macro/regulatory timing. His thesis rests on a belief that extended sideways price action lowers market conviction and heightens the odds of a downside breakout, and that regulatory clarity (or the lack thereof) around the CLARITY Act will be an important near-term driver. This is one analyst’s stance—not investment advice—but it highlights two themes traders should watch closely: whether Bitcoin can break out of its consolidation to the upside, and how the CLARITY Act’s release and subsequent committee vote reshape institutional appetite and market structure. Read more AI-generated news on: undefined/news

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