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BNB and BTC analysis Tuesday July 12, 2022

VCGamers analyzed the movement of BNB/USDT and BTC/USDT crypto assets today, Tuesday 12 July 2022.
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VCGamers is back to do the analysis BNB/USDT and BTC/USDT today, Tuesday 12 July 2022.

This is to find out the potential movement of the Binance Coin and Bitcoin crypto assets on the day. So, it can predict the movement of the two crypto assets.

Let's look at the analysis results today!

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BNB/USDT analysis

BNB analysis July 12, 2022
BNB July 12, 2022

Based on analysis, current market conditions show that buyers are still holding back pressure from sellers, which if it breaks, buyers are predicted to push towards resistance at the price of $239,- / $243,-.

This is also supported by the Double Bottom pattern which is marked by a white circle.

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BTC/USDT analysis

BTC July 12, 2022
BTC/USDT analysis July 12, 2022

Furthermore, the current condition of the BTC/USDT market is in the 4H (4 hours) time frame, so it is predicted to be wary of BTC if it enters support at $19.800, - then it will go to the deepest support area (BOTTOM) at the price of $17.382, -/ $15.941,- /$13.945,-.

If it is able to pass resistance at $21.483,- / $22.814 then it will proceed to resistance at the price of $25.031,-.

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These are the results of the VCGamers analysis regarding the movements of BNB and BTC today.

Always do your own research (DYOR) before doing crypto asset investment.

So, you really know the assets you want to invest.

We have to do thorough research on the fundamentals of a crypto asset. Because investing in crypto assets is a high-risk thing.


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VCGamers

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