BNB and BTC analysis Friday July 8, 2022

VCGamers is back to analyzing the movement of crypto assets bnb and BTC today, Friday 8 July 2022.

BNB and BTC analysis is carried out by observing the movements of these two crypto assets today.

Let's see the results of the analysis!

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BNB/USDT analysis

The condition of the BNB/USDT market this afternoon, buyers are predicted to start trying to push the market from its support at the price of $242,-.

After that, it is predicted to continue rising to resistance at the price of $247,- / $251,- / $257,- supported by an ascending broadening wedge pattern.

Where this pattern shows that the market must reach its resistance line at the price of $254,- / $257,-.

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BTC/USDT analysis

Meanwhile, the condition of the BTC market this afternoon was predicted by sellers trying to suppress it. However, it seems that the buyers are still strong enough to push the market back to resistance at $22.179,- / $22.579,- / 23,154,- with the support of the Adam & Eve pattern and the Ascending Channel.

Where, the market is still in the channel area and is predicted to continue its increase.

However, if the Buyers can't stand the pressure from the sellers, they will move towards the next support at price $21.412,-.

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Thus the results of the analysis VCGamers related to the movements of Binance Coin and Bitcoin today.

You should conduct independent and thorough research before deciding to buy and sell crypto assets.

Ensure that decisions made in crypto asset investment activities are based on well-conducted research