Famous trader 'Ansem', who has 960,000 followers, diagnosed that "there are many other more attractive altcoin candidates at the current time, and it is not the right time to buy Bitcoin." He explained, "Bitcoin is currently at a very important crossroads, retesting the key resistance level of $65,000 ~ $66,000 based on the weekly chart. If Bitcoin closes a weekly (or daily) candle above this resistance level, the next target is likely to be a retest of $72,000. Conversely, if it gives up the $63,800 line, it could test the $60,000 line. If the market provides a clear short entry opportunity, such as absorbing stop-loss orders in a short-term sideways consolidation before a downward breakout, I plan to take a sell position."
