BNB and BTC analysis Thursday June 16, 2022

BTC analysis June 16, 2022

VCGamers analyzes the movement of crypto assets BNB/USDT and BTC/USDT.

This analysis is carried out to predict the movement of the two crypto assets.

The owners of these two crypto assets certainly want to know the results of the analysis and predictions of the movement of the two crypto assets.

Let's see more!

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BNB/USDT analysis

BNB analysis June 16

Based on VCGamers analysis, current market conditions have reached bottom support at $204,- which is still within the Descending Channel area. Currently, it is still in a bullish position towards the nearest resistance at $261,- / $310,- .

If the resistance is not strong enough, the market will fullback/back to support at the price of $251,- / $230,- / $204,-.

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BTC/USDT analysis

Crypto illustration - Freepik Message Bappebti - Crypto Whitepaper
Crypto illustration – Freepik

This time, the market is still in bullish condition towards resistance $25.210,-.

Furthermore, it can be seen from the weekly TF if it can break this resistance, the market will still continue its bullishness.

If later, when the weekly candle close does not pass through resistance $25k, then the market will return back to support $19.970,- / $18.235,- / $15.864,-.

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These are the results of VCGamers's analysis related to BNB/USDT and BTC/USDT crypto assets.

This analysis only provides predictions. Anyone looking to invest in crypto assets should still do their research.

You must always do your own research (DYOR) and ensure that all investment decisions are made based on the results of this research.

In addition, we also need to know risks and profits from investing in crypto assets.


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VCGamers

I am one of the news seekers about online games in Indonesia.