Reputed Analyst Claims Fake Pump for BTC, Remains Highly Bullish for the Coming Weeks

BTC-2,11%
  • Reputed analyst confirms fake pump for BTC.

  • He remains highly bullish for the coming weeks and bearish for the long-term.

  • He expects BTC to pump to the $78,000 – $88,000 price range before a greater dump.

The current crypto market has resulted in a surprising turn of events for Bitcoin (BTC) holders. In detail, the price of BTC shot up to reclaim prices in the $70,000 price range over the past 24 hours. Amidst the recovering BTC price rally, a reputed analyst claims fake pump for BTC and remains highly bullish for the coming weeks. Could this play out as expected? A pump before a major dump ahead for BTC?

Reputed Analyst Claims Fake Pump for BTC

Doctor Profit, a reputed crypto analyst known for his many accurate silver-tongued predictions, has now made his latest claim. Before the recent BTC recovery pump to the $70,000 price range, Doctor Profit declared what he expected to be a fake pump. In detail, the industry and financial expert said that the price of BTC will go on to pump as far as the $78,000 – $88,000 price range.

I am buying #Bitcoin at $68,600

Expecting a fake pump to 78-88k

Big downside move afterwards

— Doctor Profit 🇨🇭 (@DrProfitCrypto) March 2, 2026

As we can see from the post above, this popular crypto expert revealed another new strategy to make heavy gains and profit over the coming weeks. In particular, the expert stated that he bought Bitcoin at the $68,600 price range because he expected a price pump, which would push the price of BTC to the $78,000 – $88,000 price range. He also goes on to call this a fake pump.

Doctor Profit has remained adamant about his call for the bear market to have already begun. In fact, he called the start of the bear market in Q4 of 2025 earlier in August 2025. He expected a major fall in crypto prices, which played out as expected, with the exception of BTC setting a new ATH at the $125,000 price range first. What’s more, he has stated that his previous bearish predictions were not bearish enough and expects to see BTC fall as far as the $40,000 price range in the coming months ahead.

Remains Highly Bullish for the Coming Weeks

#Bitcoin: Very bullish for the coming weeks. I opened a spot position while keeping my $125K short fully open. Even in a bear phase you get aggressive upside moves, and I’m more than happy to take that advantage. My view hasn’t changed: the bottom is not in yet

— Doctor Profit 🇨🇭 (@DrProfitCrypto) March 3, 2026

Despite his long-term bearish goal, the expert reveals his bullish strategy for the coming weeks. As we can see from the post above, the analyst says he is very bullish for the coming weeks and confirms that his spot position since the $125,000 price range remains open. He confirms that it is highly possible to expect aggressive upside movements during bear phases, allowing ample opportunities for gains in any market. He ends his post by warning of the BTC bottom yet to arrive.

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

Former UK PM Liz Truss Publicly Endorses Bitcoin as Tool Against Currency Debasement

Former UK Prime Minister Liz Truss criticized Britain's economic trajectory, citing high taxes and regulations. She advocates for Bitcoin to combat currency debasement and is organizing a conference to promote a movement for sovereignty and freedom.

GateNews9h ago

BTC breaks below 76000 USDT

Gate News bot message, Gate market data shows that BTC has broken below 76000 USDT, current price is 75996.9 USDT.

CryptoRadar11h ago

Goldman Sachs Files Bitcoin Income ETF Using Options Strategy

Goldman Sachs proposed a Bitcoin-focused income ETF that avoids direct Bitcoin holdings, using linked ETFs and options strategies for income. This filing reflects increased competition in the crypto investment space among major firms.

CryptoFrontNews11h ago

Bitcoin ETFs Record $663.9M Inflows, Strongest Day Since Mid-January

Bitcoin ETFs saw $663.9 million in inflows on April 18, indicating renewed institutional confidence and a shift in market sentiment. This trend suggests sustained interest in Bitcoin as investors seek to diversify their portfolios.

GateNews12h ago

Bitcoin Ownership Surpasses Gold Among Americans for the First Time

More Americans now own Bitcoin than gold, highlighting a significant shift in asset preferences as Bitcoin's popularity surges. U.S. entities dominate global Bitcoin holdings, and institutional adoption is accelerating, with major firms entering the market and legislation potentially enhancing Bitcoin's legal status.

GateNews13h ago

Bitcoin Price Outlook Shifts as Iran Toll Demand Revives $1M Target Talk

Iran Bitcoin toll revives debate on crypto as global payment infrastructure Geopolitical tensions push Bitcoin beyond store-of-value into currency role Institutional adoption and flows strengthen long-term million-dollar Bitcoin narratives Bitcoin price outlook has shifted again after fr

CryptoNewsLand13h ago
Comment
0/400
No comments