“Bitcoin 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 $2,000 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.”
Be the first to comment