Can we have BNB at 1.5k EOY?

[bitgolden]

your guess was correct, BNB price has come down to $1k range. On the other hand, the price of Bitcoin has dropped to $104k, the current market conditions seem to be that the price of Bitcoin may drop to $90-95k, but we don't know the exact information. But if the price of Bitcoin falls below $100k then maybe the price of BNB can go back to $700-800.

However I held some amount hoping to be $1.5k, but I think I made a mistake by not selling. But did you sell? Or holding in the hope of $1.5k?

I would say it's going to recover, we have seen it be like this before and it should not be that crazy to change. I think it's quite important to realize that we are going to make this work one way or another. It shouldn't be that much of a shocker, it can happen and we should be accepting it as it is.

I understand people are not looking at this like it's a big deal, but it's what it is and can't be changed all that much. Hopefully things can settle to be better, and we can definitely make it so that we are going to make some good returns, but that is not going to be that complicated for any of us. We should be expecting it to be that great and not be that bad at all. If we can handle this, then I am sure bnb to 1.5k dollars will happen again.

[Crypto Library]

It's Trump's tariffs that are ruining the "bullish season". Perhaps, this was done intentionally to lower crypto market prices and buy more coins at a discount? BNB will reach $1.5k, but it's going to take a lot longer than we've thought. Prices continue to decline at a slow pace, making buying a risky move. I'd proceed with caution just in case.

A good strategy would be to buy a few BNB and stake it (delegate it) on the Blockchain. Only what you can afford to lose. At least, it's been performing better than most coins (Solana included). Who knows how far will it go?

On this current situation I wouldn't gonna prefer to make investment on bitcoin or any others altcoins even BNB. Because after observing the current market situation it gives me feel like that market is slowly going down to the bear season.

And here it is not the perfect timing for making investment on any cryptocurrency especially on BNB rather if we wait for the bear season that will be the best decision or strategy whatever you say. Like currently we should store our stable coin for making investment on the bear season.

[NewRanger]

I think now might be a good opportunity to make some profit. If BNB continues to rise, it will go very far. Probably within the $5k - $8k in the future. Either way, nothing can beat ETH's level of liquidity and security/reliability. BNB will be one step below ETH over the course of its lifetime. Just my two sats.

I think Binance could easily reach 1.5,000 or more by the end of this year. Binance is younger than Ethereum, but that doesn't mean it's less trusted by investors or the cryptocurrency community.

ETH itself certainly has its own unique characteristics with Ethereum's smart contracts, which are used by many projects, and this could be detrimental to the crypto market and Ethereum itself at any time. Many scam projects will emerge, as has happened in the past.

Meanwhile, Binance is one of the largest crypto exchanges today. Many traders hope new projects will be traded there, as a good exchange has a certain amount of hype surrounding each project. Binance also periodically launches useful new features in the market. Ethereum and Binance are not only comparable in terms of their chains, but also in terms of their value and functionality in the market.

[tygeade]

On this current situation I wouldn't gonna prefer to make investment on bitcoin or any others altcoins even BNB. Because after observing the current market situation it gives me feel like that market is slowly going down to the bear season.

And here it is not the perfect timing for making investment on any cryptocurrency especially on BNB rather if we wait for the bear season that will be the best decision or strategy whatever you say. Like currently we should store our stable coin for making investment on the bear season.

I do not agree with that, I do not think that we are going to end up with a bear season just yet. I could of course be wrong, I am not claiming to be some sort of great investor, I have made mistakes before.

But at this moment, I feel like this isn't the end of it yet, I still believe that we will see at least one more run at all time high before we start with the bear run. Not that I think it will be too long, I think it will happen within next month or so, and if it doesn't happen then it means we are at bear period and it will start to go down. Looking at the market, it's refusing to go down, but of course if we insist then eventually support will be broken and we are going to get a bad result, but that doesn't mean that we should be seeing this any different way.

[Crypto Library]

I do not agree with that, I do not think that we are going to end up with a bear season just yet. I could of course be wrong, I am not claiming to be some sort of great investor, I have made mistakes before.

But at this moment, I feel like this isn't the end of it yet, I still believe that we will see at least one more run at all time high before we start with the bear run. Not that I think it will be too long, I think it will happen within next month or so, and if it doesn't happen then it means we are at bear period and it will start to go down. Looking at the market, it's refusing to go down, but of course if we insist then eventually support will be broken and we are going to get a bad result, but that doesn't mean that we should be seeing this any different way.

I myself do not guarantee that the market will move according to my analysis or that the market will move in exactly the same way.

Everything I said is based on my previous market analysis. And so far the market has been moving in the same direction, but now I see that Bitcoin has risen above 111k again, which has started to attract many people to the food market. However, I think people should be more careful during this time because the market creates a bull trap before the bear season.

[Odusko]

I do not agree with that, I do not think that we are going to end up with a bear season just yet. I could of course be wrong, I am not claiming to be some sort of great investor, I have made mistakes before.

But at this moment, I feel like this isn't the end of it yet, I still believe that we will see at least one more run at all time high before we start with the bear run. Not that I think it will be too long, I think it will happen within next month or so, and if it doesn't happen then it means we are at bear period and it will start to go down. Looking at the market, it's refusing to go down, but of course if we insist then eventually support will be broken and we are going to get a bad result, but that doesn't mean that we should be seeing this any different way.

I myself do not guarantee that the market will move according to my analysis or that the market will move in exactly the same way.

Everything I said is based on my previous market analysis. And so far the market has been moving in the same direction, but now I see that Bitcoin has risen above 111k again, which has started to attract many people to the food market. However, I think people should be more careful during this time because the market creates a bull trap before the bear season.

Majority have being expecting a bear market before now, some even predicted that the price of Bitcoin will go below $100,000 but for sure the market have hold a resistance level at 105,000 and now above, this is ok for most speculators and at this point Bitcoin may take a while before it builds the liqudities and momentum to go near the previous all time high price.

[Crypto Library]

Majority have being expecting a bear market before now, some even predicted that the price of Bitcoin will go below $100,000 but for sure the market have hold a resistance level at 105,000 and now above, this is ok for most speculators and at this point Bitcoin may take a while before it builds the liqudities and momentum to go near the previous all time high price.

Although I haven't done the analysis myself and don't know if Bitcoin's resistance level is actually at 105k, it is certain that we haven't seen Bitcoin's price in a stable range for a few days. The day before yesterday, I saw Bitcoin drop to around 107k and then pump it up to 113k last night but it dropped below 106k again today.
And looking at these situations, I basically remember the scenarios last season when Bitcoin created an all-time high price at 69K, dumped it to around 63K, and then pumped it up a little again and slowly dropped towards a bear market.

[Abiky]

I think Binance could easily reach 1.5,000 or more by the end of this year. Binance is younger than Ethereum, but that doesn't mean it's less trusted by investors or the cryptocurrency community.

ETH itself certainly has its own unique characteristics with Ethereum's smart contracts, which are used by many projects, and this could be detrimental to the crypto market and Ethereum itself at any time. Many scam projects will emerge, as has happened in the past.

Meanwhile, Binance is one of the largest crypto exchanges today. Many traders hope new projects will be traded there, as a good exchange has a certain amount of hype surrounding each project. Binance also periodically launches useful new features in the market. Ethereum and Binance are not only comparable in terms of their chains, but also in terms of their value and functionality in the market.

Well, Trump pardoned Binance founder CZ today. I'm sure BNB will turn bullish as a result. $1.5k is right around the corner. It might even go as far as crossing $2k before the year ends. The odds are high for such an increase in price.

Be aware, that with every "pump" comes a market correction ("dump"). Altcoins are usually riskier than Bitcoin due to their unproven nature. BNB is relatively new to the market, compared to ETH. But since it's backed by the world's largest crypto exchange, investors and traders should have no problem putting their money in it. Binance is a trustworthy crypto company. The only problem is that BNB depends on it to survive (not as decentralized as one thought it would be). If Binance goes down, it will be the end of BNB for good. We'll see how far will it go.

[shinratensei_]

I think now might be a good opportunity to make some profit. If BNB continues to rise, it will go very far. Probably within the $5k - $8k in the future. Either way, nothing can beat ETH's level of liquidity and security/reliability. BNB will be one step below ETH over the course of its lifetime. Just my two sats.

I think Binance could easily reach 1.5,000 or more by the end of this year. Binance is younger than Ethereum, but that doesn't mean it's less trusted by investors or the cryptocurrency community.

ETH itself certainly has its own unique characteristics with Ethereum's smart contracts, which are used by many projects, and this could be detrimental to the crypto market and Ethereum itself at any time. Many scam projects will emerge, as has happened in the past.

Meanwhile, Binance is one of the largest crypto exchanges today. Many traders hope new projects will be traded there, as a good exchange has a certain amount of hype surrounding each project. Binance also periodically launches useful new features in the market. Ethereum and Binance are not only comparable in terms of their chains, but also in terms of their value and functionality in the market.

Binance can do 1.5k EOY easy if they can have many prime pre-TGE and alpha pre TGE where subscription with BNB is needed.
The lending rate in many defi and CEX increase significantly whenever binance is open for pre TGE subscription and the price always jumps up.

More of such event will give reason to people to hold their BNB because they see the benefit in holding.

[ioseta]

Is EOY end of year abbreviation? I've never heard of that and had to think a couple of minutes.

Sure it is possible. We still have plenty of time.