In the latest news, on October 20, well-known trader Doctor Profit posted that he had opened a Bitcoin long position at $81,000 using 4x leverage. He believes this pullback is over, with the $81,000–$82,000 range providing strong support and marking a local bottom. His next target remains $94,000. He noted that Bitcoin had previously risen near $87,000, while the daily RSI peaked lower, forming a bearish divergence. After this pullback, the RSI has returned to the range where the previous rebound began, and the price has touched the orange line on his chart again—a pattern similar to the one seen when the previous local bottom formed.

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