Trader Ansem: Not time to buy BTC, altcoins more attractive

Popular trader Ansem, who has 960,000 followers, has advised that now is not the right time to buy Bitcoin, suggesting there are more attractive altcoin candidates available. He noted that Bitcoin is at a very critical juncture, retesting the key weekly resistance zone between $65,000 and $66,000. According to Ansem, if Bitcoin manages to close a weekly or daily candle above this resistance, its next likely target would be a retest of $72,000. Conversely, a break below the $63,800 support level could lead to a test of the $60,000 mark. He added that he plans to take a short position if the market provides a clear entry opportunity, such as a period of short-term consolidation to absorb stop-loss orders before a downward breakout.