Ansem: Bitcoin is testing the key weekly resistance level of $65,000 to $66,000, and if it breaks through, it may retest $72,000
Crypto KOL Ansem posted that Bitcoin is currently at a quite critical position, re-testing the key weekly resistance level of approximately $65,000 to $66,000 within this round of range. He will not go long on BTC at this position, as he believes there are better long opportunities in the market. However, if BTC closes above this range, it may re-test $72,000, which he leans towards as the scenario. If he is wrong and BTC drops below $63,800 and shows weak performance, the short-term trend will turn bearish, potentially re-testing $60,000. If this situation occurs, he will consider going short and set the stop loss above the previous short-term consolidation range. In addition, Ansem stated that the FOMC minutes released today at 2:30 may affect market direction.
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