Markets· ★★· neutral·

Trader Ansem: Bitcoin pullback is a buying opportunity, $87,500 is the key level

  • —Ansem sees the pullback as an opportunity to accumulate high-conviction positions
  • —BTC tested $87,500 and pulled back to around $81,700
  • —Key downside level is $75,000; reclaiming $87,500 would strengthen the bullish case
  • —Rates and geopolitical tensions remain the biggest macro risks
Why it matters: The $87,500 and $75,000 levels frame the trade: a break higher would confirm a reversal, while losing $75,000 opens the door to further downside.
Source: PANews