I just saw that Doctor Profit is quite pessimistic about Bitcoin after that peak of $125,000. The guy is known for his accurate predictions in previous cycles, so when he speaks, people tend to listen. Now he's targeting $60,000 as the next correction goal, considering what's happening in the market.

The interesting thing is that Bitcoin has dropped 8.4% in the last day and over 17% in two weeks. Doctor Profit sees this as just the beginning of a deeper fall, not just a normal correction. Additionally, there are large on-chain movements: Grayscale and BlackRock withdrawing Bitcoin, with more than $3 billion flowing into exchanges in just a few minutes recently.

I don't know if Doctor Profit will be right this time, but the technical context and on-chain data do paint a bearish scenario. It's worth keeping on your radar if you're trading at these levels.