Ansem: Pullbacks may offer opportunities to add positions; a return of BTC to $87,500 would reinforce the bullish outlook.
1 hours ago
Crypto trader Ansem said he views the current correction as a potential opportunity to add to high-conviction positions. Bitcoin recently tested its year-to-date opening price of around $87,500 before pulling back to near $81,700. He is closely watching the key support level of $75,000 below; if Bitcoin reclaims the $87,500 mark, it will reinforce the bullish outlook. Ansem noted that interest rates and geopolitical tensions remain the largest macro risks at present. As long as the market structure holds up, he prefers to gradually build positions amid volatility.
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