🌟 BNB Channels — Bitcoin Energy and Aiming for $1,250
Binance Coin (BNB) maintains a positive tone after a rise of +8.92% this week. Currently above $800, only 6% below its all-time high, the BNB chart resembles the initial bullish cycle of Bitcoin, suggesting a possible significant rebound.
📊 Parallel with BTC:
BTC broke from $25,000 to over $120,000 between 2023 and 2024.
BNB consolidated between $200 and $350 and has now surpassed $700.
Next targets: $980 ➡️ $1,200.
⚠️ Despite the graphical similarities, macro and regulatory factors may influence. However, if altseason accelerates, BNB could even outpace BTC's momentum.
💎 Market Cap: $112.36B | Top 5 Global Cryptos