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Ansem: Bitcoin is currently testing the key weekly resistance levels between $65k and $66k. If broken, it may retest $72k.
BlockBeats News, June 17 — Crypto KOL Ansem stated that Bitcoin is currently at a critical juncture, re-testing the key weekly resistance zone around $65,000 to $66,000 within this cycle. Currently, he is not taking a long position on BTC at this level because he believes there are better long opportunities elsewhere in the market. However, if BTC closes above this range, it could retest $72,000, and he leans toward this scenario.
If his judgment is wrong and BTC drops below $63,800 showing signs of weakness, the short-term trend will turn bearish, potentially retesting $60,000. If this happens, he will consider shorting and set the stop loss above the previous short-term consolidation zone. Additionally, Ansem mentioned that the FOMC minutes released today at 2:30 could influence the market direction.