Rally

bullish

Bitcoin

Resistance

<ul>
 <li>Analyst says he opened short positions near $82K–$85K, expecting Bitcoin’s rally to face a local reversal.</li>
 <li>Bitcoin remains above key moving averages despite earlier correction and heavy liquidation pressure in February.</li>
 <li>Analysts watch resistance near $86K as bullish sentiment rises and market momentum continues tightening.</li>
</ul>
<p>Bitcoin traded near $80,700 this week as analyst Doctor Profit warned that the current rally could mark a local top before another sharp correction. According to Doctor Profit, Bitcoin’s <a href="https://x.com/DrProfitCrypto/status/2053580347149840771?s=20" rel="noopener noreferrer nofollow">move</a> toward the $82,000-$85,000 range matches projections shared earlier this year, while traders increasingly return to bullish positioning during May 2026.</p>
<h2 class="wp-block-heading" id="strong-doctor-profit-maps-out-short-strategy-strong"><strong>Doctor Profit Maps Out Short Strategy</strong></h2>
<p>According to Doctor Profit, the analyst has started opening short positions daily while <a href="https://cryptofrontnews.com/trump-media-posts-406m-loss-on-bitcoin-decline/" rel="noopener noreferrer nofollow">Bitcoin</a> trades between $82,000 and $85,000. He said the strategy similars trades used during the 2025 market top near the $115,000-$125,000 range.</p>
<p>Doctor Profit explained that he allocates 10% of trading capital into shorts each day within that range. At the same time, he said profits from earlier long positions near $60,000, $71,000, and $75,000 are being reduced gradually.</p>
<p>The analyst also stated that retail traders have returned aggressively since Bitcoin reclaimed the $76,000 region. However, he argued that rising bullish sentiment now resembles conditions seen before previous reversals.</p>
<h2 class="wp-block-heading" id="strong-bitcoin-holds-above-key-moving-averages-strong"><strong>Bitcoin Holds Above Key Moving Averages</strong></h2>
<p>Meanwhile, the broader chart structure still shows Bitcoin trading above major moving averages despite the earlier correction. Bitcoin traded above $100,000 during November 2025 before heavy selling pushed prices toward the $62,000-$65,000 region in February 2026.</p>
<p>That decline also produced strong volume spikes, reflecting elevated <a href="https://cryptofrontnews.com/aave-recovery-plan-advances-after-rseth-liquidations/" rel="noopener noreferrer nofollow">liquidation activity</a> across the market. However, Bitcoin later formed higher lows through March and April as recovery momentum strengthened.</p>
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<figure class="wp-block-image size-large"><img src="https://cryptofrontnews.com/wp-content/uploads/2026/05/Bitcoin-BTC-10.11.07-11-May-2026-1-1024x347.png" alt="">
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  Source: Santiment
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<p>The MA50 gradually turned upward during April, while the MA200 stabilized near $76,700. Currently, Bitcoin remains above both indicators, which traders often monitor for broader trend direction.</p>
<h2 class="wp-block-heading" id="strong-resistance-builds-near-82k-region-strong"><strong>Resistance Builds Near 82K Region</strong></h2>
<p>Current resistance is between $82,000 and $86,000, according to the chart structure. Meanwhile, support remains near $76,000, followed by another major level around $68,000.</p>
<p>Doctor Profit stated that the market could experience <a href="https://cryptofrontnews.com/bitcoin-tests-80k-as-sentiment-turns-cautiously-positive/" rel="noopener noreferrer nofollow">stronger bullish sentiment</a> during the coming days. However, he maintained that the current recovery phase remains a “bullish trap” ahead of another downside move.</p>
<p>Volume trends have also normalized after February’s sharp selloff. Even so, Bitcoin now approaches a zone where both bullish momentum and resistance continue tightening simultaneously.</p>
<p>The post <a href="https://cryptofrontnews.com/analyst-warns-bitcoin-rally-nears-final-stage/" rel="noopener noreferrer nofollow">Analyst Warns Bitcoin Rally Nears Final Stage</a> appears on <a href="https://cryptofrontnews.com" rel="noopener noreferrer nofollow">Crypto Front News</a>. Visit our website to read more interesting articles about cryptocurrency, blockchain technology, and digital assets.</p>

Analyst Warns Bitcoin Rally Nears Final Stage

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