🚨 $BNB Price Alert: Why a $520 Breakout is IMMINENT (Watch This Chart!) 🚀
The 4-hour chart for $BNB is signaling a massive accumulation phase. We are painting a classic Ascending Triangle pattern.
My Analysis: Resistance: $520 is the key psychological and technical level. Support: The trendline support is holding strong at $490. Volume: Volume is ticking up, confirming trader interest.
A confirmed close above $520 could trigger a cascade of short liquidations, sending $BNB quickly towards $550 and beyond. This is your chance to prepare. Risk: Always set a tight Stop-Loss below the $490 support!
Every four years, **Bitcoin Halving** cuts miners’ rewards in half — reducing the supply of new BTC. The next halving in **April 2025** is expected to make Bitcoin scarcer, often leading to **a price surge** due to higher demand and lower supply.