Analysis: $80,000 to $81,000 is the long-term accumulation zone for BTC, with a target still looking at $94,000

Trader Doctor Profit stated that although some market participants mocked Bitcoin when it fell from $84,000 to below $80,000, he has viewed the range of $80,000 to $81,000 as an opportunity to increase long positions in Bitcoin for several weeks now. The current position is focused on long-term trends rather than seeking a short-term increase of $4,000.

Doctor Profit revealed that he still holds all of his spot positions established around $60,000, with the next target price maintained at $94,000. If BTC falls back to around $80,000 again, he will continue to increase long positions.