Bitcoin faces resistance at $20,300 as global investors hope for a

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According to David Lifchitz, managing partner and chief investment officer at ExoAlpha, while cryptocurrencies have been performing better than bonds and stocks in response to the surging dollar, “cryptos had already been hammered before the USD surge began and they have been stuck since mid-June in a tight range with anemic volumes.”

“This shows how nervous and "trigger happy" the markets are these days,” Lifchitz surmised. Things got even more politicized when the UN put out an official request asking central banks to stop raising interest rates, the CIO noted.

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All the ways in which BNB’s face-off with this resistance level will unfoldDisclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion. Higher timeframe downtrend BNB heads into a stiff resistance zone Binance Coin is the 4th largest cryptocurrency by market capitalization. The exchange token has seen sideways movement on the price charts for nearly a […]
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