Joshs Finance

First Mover Asia: Bitcoin Sinks Below $23K; South Korea’s Bumpy Crypto Path Forward – CoinDesk

“Bitcoin is is range bound at the moment,” said Nauman Sheikh, managing director at investment advisors Wave Financial, told CoinDesk TV’s First Mover program. “It’s hit a $25,000, sort of resistance level. So has Ethereum hit a 2000 resistance level. We’re in a mode where the macro environment is supportive of the market, and we’ll retest those resistance levels and hopefully break.”

Leave a Comment

Your email address will not be published. Required fields are marked *