[Renowned Trader: Bitcoin May Retrace to $79,000, Bull Market to Continue After Adjustment] BlockBeats News, September 24 – Renowned trader Doctor Profit stated that he has increased his Bitcoin short position to $13 million, anticipating a retracement in BTC with a target price of $79,000. He will decide his next move based on price performance once Bitcoin reaches this level. He emphasized that this short position does not indicate a bearish outlook on the long-term trend. He believes the Bitcoin bear market has ended, and the current expectation is merely a phase adjustment within the bull market. Once the retracement concludes, the Bitcoin bull market is expected to continue. [Original Link]