Well-known trader: Bitcoin in the $79,000 to $81,000 range is an opportunity to add to long positions, rather than a signal to panic sell.
Well-known trader Dr Profit posted on X stating that whenever the price of Bitcoin (BTC) reaches the target zone marked on his chart, it presents an opportunity to further increase existing long positions.
Dr Profit stated that he is currently employing this strategy, viewing this price zone as a buying opportunity rather than a signal to panic sell.