Bitcoin is facing two sharply different analyst calls as trader Doctor Profit builds short positions near $89,500 while analyst Ali Charts sees room toward $100,000. Doctor Profit said he expects another decline from the $86,500–$89,500 area, citing selling pressure across the range. Ali Charts, in contrast, points to support between $83,300 and $84,600, with $86,700 marking a potential breakout level. Their views center on different levels. On-chain data shared by Ali Charts also shows large holders added more than 14,335 BTC since October 1, valued at approximately $1.22 billion.

The divergence reflects two different methods reading the same market — one analyst trading his own positioning, the other reading on-chain supply data — with both focused on a narrow band below $90,000.

Doctor Profit Rebuilds Bitcoin Short Position

Doctor Profit said in a post on X that Bitcoin traded near $124,000 one year ago before he sold his holdings. He then built a large short position and set a target of $60,000. According to Doctor Profit, October 10 brought a severe market selloff, with some altcoins losing as much as 95% of their value in a single day.

He said he later closed his shorts near $60,000 and began buying Bitcoin on the spot market. He is now building another short position between $86,500 and $89,500, noting that each move into that area gives him another chance to add.

Doctor Profit also identified $88,000 to $89,500 as the zone containing his largest orders. His current setup therefore concentrates on selling pressure within the upper portion of that range.

Ali Charts Tracks $83,300 Support

Ali Charts offered a different assessment based on Bitcoin's recent trading range and on-chain data. He said Bitcoin has spent the past two weeks moving between $83,000 and $86,700 without breaking above the range.

Within that structure, Ali Charts identified $83,300 to $84,600 as a major support zone. URPD — an on-chain metric that groups Bitcoin supply by the price at which each coin last moved — shows 1.59 million BTC traded across that range, creating a level that buyers can defend. The next level in his setup is $86,700. According to Ali Charts, Bitcoin could face little comparable supply until roughly $105,000 if it breaks above that level.

Whales Add More Than 14,000 BTC

The same on-chain data also points to increased buying among large holders, according to Ali Charts. Since October 1, whales have added more than 14,335 BTC to their holdings, which he valued at approximately $1.22 billion. The accumulation sits alongside Doctor Profit's short builds, putting on-chain buying and bearish positioning in view at the same time.

The two setups also converge near the top of the recent range: the $86,700 breakout level Ali Charts is tracking sits just inside Doctor Profit's $86,500–$89,500 short zone, making that narrow band a shared reference point for both calls. As a result, Ali Charts' setup centers on two prices: $83,300–$84,600 for support and $86,700 for a breakout. Doctor Profit, meanwhile, is watching $86,500–$89,500 for additional short positions.