BNB and BTC analysis Wednesday June 8, 2022

VCGamers analyzes the movement of crypto assets BNB/USDT and BTC/USDT today, Wednesday 8 June 2022.

This analysis is to predict the movement of these crypto assets.

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BNB/USDT analysis

Today's market conditions are forming an Ascending Channel where the market direction is likely to be towards the nearest resistance above the channel area at the price of $296,- / $300,-.

After that, it is predicted to return to support $289,- / $284,-.

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BTC/USDT analysis

Furthermore, market conditions this afternoon, a Cup & Handle Pattern has been formed where the market is predicted to head towards resistance at the price of $30.641,- / $30.930,-.

After last night's increase at around 20:00 WIB and now the position is descending first to support $30.206,-. After that, it will rebound back to resistance at $30.641,-.

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These are the prediction results of VCGamers related to the movement of BNB/USDT and BTC/USDT crypto assets.

Those of you who want to invest in crypto must know risks and benefits. Because, crypto investment is a high risk matter.

Apart from that, always Do Your Own Research (DYOR) to find out the fundamentals of the crypto assets you buy.

So, you really know and understand the crypto project you choose to invest in.