NammaCrypto ₿ நம்மகிரிப்டோ
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Tamilnadu Crypto News
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By @tamil_btc
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👩‍💻 #REVIEW BITCOIN

Market looks a bit weak, however, the price is still above the broken bullish flag! Another retest is possible, so be careful with over-leveraged longs!

I expect another leg up and new ATH. Note that #BTC can screw alts hard, so place tight stop losses!
👩‍💻 #REVIEW BITCOIN

Straight to the point: most likely #BTC will see a bounce at least to test the broken ascending support - that's around $59k. Now two possible scenarios after the retest:

1. #BTC pumps back above $59500 and $60500, and becomes bullish again
2. #BTC dumps back and ready for $45k or lower

The strategy for me is super easy: if $59k level isn't reclaimed, I'll simply sell my Bitcoins and maybe open some alts shorts. If the price goes back above $60k, I'll buy some more #BTC there!