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Renowned Trader: Bitcoin May Rise to $86,000 in the Short Term, with a Subsequent Target of $94,000

BlockBeats news, October 21 - Renowned trader Doctor Profit posted that he believes Bitcoin is in a bull market and expects it to rapidly rise to $86,000 within the next few hours to days, followed by a further increase to $94,000. He stated that the market is not yet prepared for this movement.

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On-Chain Activity

10min ago

Fasnara Capital holds short positions worth $192 million, accounting for 86.3% of total holdings, with an overall unrealized loss of $5.63 million currently.

17min ago

A trader spent $8,790 to buy KIMCHI and cleared their position for a profit of approximately $255,900.

59min ago

ETH's largest long-position institution adds to position to average down, total scale rises to $382 million

1h ago

SPCX's biggest short seller added $7.25 million to its position today.

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Fasnara Capital holds short positions worth $192 million, accounting for 86.3% of total holdings, with an overall unrealized loss of $5.63 million currently.

A trader spent $8,790 to buy KIMCHI and cleared their position for a profit of approximately $255,900.

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