Doctor Profit, that trader who correctly predicted the peak of 2021, is now forecasting a deeper correction in Bitcoin after reaching $125,000. His target is to drop to $60,000, so if this happens, we would be looking at a significant fall from those highs.

What's interesting is that we recently saw important movements: large fund withdrawals like Grayscale and BlackRock, with over $3 billion in Bitcoin entering exchanges in a short period of time. That usually signals that some are taking profits or repositioning.

Currently, Bitcoin is at $77.55K with a +1.39% in the last 24 hours, but that bullish movement is recent. The crypto remains volatile, and Doctor Profit's predictions always spark debate in the community. Some believe him, others think he's too bearish. Anyway, when someone with his track record speaks, people listen.