BNB and BTC analysis Wednesday 20 July 2022

VCGamers back to predictions BNB/USDT and BTC/USDT today, Wednesday 20 July 2022.

This prediction allows you to know the approximate movement of the two crypto assets.

VCGamers provides predictions based on the results of an analysis of the movements of the two cryptocurrencies.

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How is the result of the VCGamers analysis? Let's see the full review!

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BNB/USDT analysis

BNB analysis July 20, 2022 — BNB July 20, 2022

Based on VCGamers's analysis, the BNB/USDT market this afternoon shows that buyers have managed to make purchases again, even though yesterday was pressured by sellers.

It is predicted that buyers will continue their increase to resistance at the price of $279,- / $283,-.

If stuck at this resistance, market sellers will try to push back to the support at price $269,- $264,-, which is still in the Ascending Channel area.

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BTC/USDT analysis

VCGamers also analyzes the movement of BTC/USDT. Based on BTC/USDT market analysis this afternoon, on the 1 hour time frame, buyers have released their power to push the market against sellers towards resistance at $23.788,- / $24.127,- which is still in the Ascending channel area.

If rejected in the resistance area, sellers will try to push back towards the support at the price of $23.328,- / $22.834,-.

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For those of you who want to invest in crypto, of course, you have to do an in-depth analysis of the chosen crypto asset.

Always DYOR to find out how the fundamentals of a crypto asset. So, we can minimize the risks that occur in crypto investment.

The reason is, crypto investment is a high-risk thing.

We should really pay attention to a number of things before investing.

For example, using cold money or money that is not allocated to buy other needs.