A popular crypto analyst, known as Bluntz, is predicting a significant price increase for BNB, the Binance Coin. He believes it’s poised for one last surge to a new all-time high.
BNB’s Bullish Future?
Bluntz, who boasts a large following on X (formerly Twitter), says BNB could jump at least 25% from its current price. He’s using Elliott Wave theory to support his prediction, suggesting BNB is completing a five-wave pattern that began in mid-2023. This pattern, according to the theory, points to a final wave pushing BNB towards $900. Currently, BNB is trading around $625.
Bitcoin’s Uncertain Path
Bluntz also shared his thoughts on Bitcoin (BTC), expressing some concern. He suggests that if Bitcoin fails to hold support just above $86,000, a significant drop could follow. He notes that a bounce is possible from around $89,000, but remains cautious. At the time of writing, Bitcoin is trading slightly above $88,500, having recently recovered from a three-month low.
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