Doctor Profit Keeps Bitcoin Target at $94,000, Cites $80,000-$81,000 Zone

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Trader Doctor Profit kept Bitcoin (BTC) at a $94,000 target and said his spot holdings, established near $60,000, remain intact. He identified $80,000-$81,000 as a long-term range for adding to long positions and said he would add if BTC returned to about $80,000. Doctor Profit said he has viewed that range as an area to add to Bitcoin longs for several weeks. He described his approach as long term rather than an attempt to capture a short-term $4,000 move. His current target follows an earlier outlook tied to Bitcoin reclaiming the $86,000-$89,000 range . Doctor Profit also referred to Bitcoin’s earlier drop from $84,000 to below $80,000, saying some market participants ridiculed the move. Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.
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