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Author Topic: Appromixly how much time needs to recover BNB $310 price  (Read 461 times)
goaldigger
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September 13, 2023, 09:48:24 PM
 #61

Neither we want to see a fast recovery for BNB but because the entire market is on correction, we can't say when nor we can say the time for it. All we have is just a prediction but never say it was right, we can only see BNB recover to that price when the market has also recovered. For now, the only thing we can do is to hold or accumulate more. $310 is not that far impossible to reach but if we can't hold and are able to extend our patience, definitely, it becomes impossible.
Though for sure it will rise again in the next bull market the real question is when is the next bull run?
While waiting for this better to start buying now or do DCA because a lot of cheap coins in the market right now which many sees as an opportunity to hold and buy more. BNB is still a good one despite of their issues with SEC, I believe they will rise more especially if their case with SEC will be cancelled.

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September 13, 2023, 10:06:23 PM
 #62

Though for sure it will rise again in the next bull market the real question is when is the next bull run?
While waiting for this better to start buying now or do DCA because a lot of cheap coins in the market right now which many sees as an opportunity to hold and buy more. BNB is still a good one despite of their issues with SEC, I believe they will rise more especially if their case with SEC will be cancelled.

This question worries every investor. And we will find out the correct algorithm of actions in this situation much later. It is possible that someone has already sold and in the future he will have the opportunity to buy more BNB coins with the proceeds. And others will hold it until the very end, continuously watching how the balance in the wallet decreases.

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September 14, 2023, 10:41:59 AM
 #63

Though for sure it will rise again in the next bull market the real question is when is the next bull run?
While waiting for this better to start buying now or do DCA because a lot of cheap coins in the market right now which many sees as an opportunity to hold and buy more. BNB is still a good one despite of their issues with SEC, I believe they will rise more especially if their case with SEC will be cancelled.

This question worries every investor. And we will find out the correct algorithm of actions in this situation much later. It is possible that someone has already sold and in the future he will have the opportunity to buy more BNB coins with the proceeds. And others will hold it until the very end, continuously watching how the balance in the wallet decreases.
Now, BNB holders are quite uncertain about their decision whether they hold or sell. Though the situation isn't quite looking bad but it still creates worries especially those who invest earlier and have no market experience. I'm not going to wonder if BNB holders are very concerned about the drops and not wonder why some are selling their coins already for diversification. As the situation creates more panic among the holders, the more it drives the price to drop and that will prolong the recovery.

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September 14, 2023, 04:38:19 PM
 #64


 I have brought more than 4 BNB when it's price on around $307. after, that SEC call break the market. but, i'm still holding and i don't know it's future probility. so, it's dead or again it will recover?
afterall, how much it will take it to recover?
In these three months many cases rised against Binance in which SEC case produce lot of trouble for Binance and as a result bnb coins down from that time. Price was still above 240$ but when busd issues happened then bnb prices dumped more. We cannot say that you have picked wrong coin because bnb is considered safe coin. I will say bad luck for you as SEC case happened after you buy. I will recommend to hold all 4 coins. If you check XRP price after winning case against SEC then its will give you hope that one days same could happen with bnb too. You should not be panic and hope that bnb price will be recovered and you will sell in profit. I think it will take almost six months to ane year to get back to 300$.
It is not even all that much, we are talking about a 50% increase, as in 1.5x increase. When you think about how binance was attacked, being this far away from 310 is still fine. I believe that the moment we reach the bull run we are going to end up with a good result, better than what we have seen so far. Life is not that simple and it should be important to realize that we could make some sort of profit when we can.

Hopefully it is not going to be that easy to handle all of this at the same time, but we could end up with a good result eventually. We just wish that life is not that difficult in the end and could make a good change one way or another. I believe that we are going to be doing something profitable in the end.

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September 16, 2023, 01:54:45 PM
 #65

It is not even all that much, we are talking about a 50% increase, as in 1.5x increase. When you think about how binance was attacked, being this far away from 310 is still fine. I believe that the moment we reach the bull run we are going to end up with a good result, better than what we have seen so far. Life is not that simple and it should be important to realize that we could make some sort of profit when we can.

Hopefully it is not going to be that easy to handle all of this at the same time, but we could end up with a good result eventually. We just wish that life is not that difficult in the end and could make a good change one way or another. I believe that we are going to be doing something profitable in the end.
It doesn't even need the bull run for BNB to recover back to $310 because when Bitcoin was around $31k, the price of BNB was above that range, so all it needs is Bitcoin to recover from the current range and go back near its previous resistance which was $31k and then we will see BNB recovering the desired price by OP. For the bull run, we would obviously expect BNB to show some magic and maybe go around $1k if Bitcoin manages to go across it's previous all-time high.

Above $1k is my target price for BNB in the bull run because it went around $686 last time when Bitcoin went to $69k, and if Bitcoin manages to hit $90k or more this time around, we should probably see BNB performing as well as long as Binance stays clear and there aren't any issues at that time.

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September 16, 2023, 04:51:40 PM
 #66


It doesn't even need the bull run for BNB to recover back to $310 because when Bitcoin was around $31k, the price of BNB was above that range, so all it needs is Bitcoin to recover from the current range and go back near its previous resistance which was $31k and then we will see BNB recovering the desired price by OP. For the bull run, we would obviously expect BNB to show some magic and maybe go around $1k if Bitcoin manages to go across it's previous all-time high.
Bnb prices down after SEC issue happens in june 2023 and from that time we have seen constantly decrease in price. First price dump to 250$ and now further dumps to 210$. I think you have not seen the chart, previously when btc price was above 31k bnb was trading around 260$ so OP is right that only bull market could bring price back to 310$.

XRP     BTC



Quote
Above $1k is my target price for BNB in the bull run because it went around $686 last time when Bitcoin went to $69k, and if Bitcoin manages to hit $90k or more this time around, we should probably see BNB performing as well as long as Binance stays clear and there aren't any issues at that time.
You are hoping so much high price, 1k$ is not looking to be reached even if btc reaches 90k$. crypto market not works according to previous data. Other factor also impact the price of coin. The XRP example is front of us. BNB is now under eye of the SEC and no one will take freely risk in this coin so t think 300-400 $ could only be expected in this situation.



 

 

 

 

 

 


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fullhdpixel
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September 16, 2023, 07:18:21 PM
 #67

Bnb prices down after SEC issue happens in june 2023 and from that time we have seen constantly decrease in price. First price dump to 250$ and now further dumps to 210$. I think you have not seen the chart, previously when btc price was above 31k bnb was trading around 260$ so OP is right that only bull market could bring price back to 310$.
Please open both charts again and check the candle between 3rd May to 6th May, you will see that Bitcoin was around maybe $29k and BNB was trading above $310 at that time, so I did check the charts and I followed the market very closely. I said BNB was around that range when Bitcoin was around $31k which I know wasn't accurate because the price of Bitcoin was changing positions between $28k to $31k and this was the case for about 6 months or more.

When Bitcoin was around $31k last time and BNB crashed because of the case against Binance, but before that case and the FUD and everything, BNB was trading above $300, and that is why I said it doesn't require a bull run to achieve that target as long as BNB stays clear from the cases and stuff.

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September 17, 2023, 12:00:33 AM
 #68

Though for sure it will rise again in the next bull market the real question is when is the next bull run?
While waiting for this better to start buying now or do DCA because a lot of cheap coins in the market right now which many sees as an opportunity to hold and buy more. BNB is still a good one despite of their issues with SEC, I believe they will rise more especially if their case with SEC will be cancelled.

This question worries every investor. And we will find out the correct algorithm of actions in this situation much later. It is possible that someone has already sold and in the future he will have the opportunity to buy more BNB coins with the proceeds. And others will hold it until the very end, continuously watching how the balance in the wallet decreases.
Now, BNB holders are quite uncertain about their decision whether they hold or sell. Though the situation isn't quite looking bad but it still creates worries especially those who invest earlier and have no market experience. I'm not going to wonder if BNB holders are very concerned about the drops and not wonder why some are selling their coins already for diversification. As the situation creates more panic among the holders, the more it drives the price to drop and that will prolong the recovery.
the fact that BNB heavily used for staking to get some rewards give some relief towards its holders but the general trend is still dim, I don't think it will have bright future if the case with SEC getting worse.
I think currently holding BNB really give a lot of tense honestly, small news about the issue could quite literally turns the tides of how the market trend is gonna go.
i personally would back out from investing in BNB but i'm sure some people have reasons and some might even gets motivated by the binance launchpad programs.
therefore I think the price from here on maybe into the next bullrun just gonna stagnate.

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..PLAY NOW..
AnonBitCoiner
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September 17, 2023, 01:37:36 AM
 #69


Please open both charts again and check the candle between 3rd May to 6th May, you will see that Bitcoin was around maybe $29k and BNB was trading above $310 at that time, so I did check the charts and I followed the market very closely. I said BNB was around that range when Bitcoin was around $31k which I know wasn't accurate because the price of Bitcoin was changing positions between $28k to $31k and this was the case for about 6 months or more.
That was a time when bnb was in normal situation and no case upon it but you can see the red candles after SEC sue news and after that news BNB not recovered to that range. If any case was not opened then was also expecting 1k$ but now it's look like that price will not rise. Unfortunately I bought bnb before crash and I lost but I was lucky to sold at 245$ .

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When Bitcoin was around $31k last time and BNB crashed because of the case against Binance, but before that case and the FUD and everything, BNB was trading above $300, and that is why I said it doesn't require a bull run to achieve that target as long as BNB stays clear from the cases and stuff.
These are two different conditions and couldn't compared today stage with the conditions before case. If you check the Solona coin price then you will find above around 200$ in last bull market but now no one will expect too much high in next bull because many bad news circulated which force whales to look for new coins.



 

 

 

 

 

 


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Mars,           
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ElonCoin.org.
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.
"I could either watch it
happen or be a part of it"

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bitterguy28
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September 18, 2023, 08:07:13 AM
 #70

Neither we want to see a fast recovery for BNB but because the entire market is on correction, we can't say when nor we can say the time for it. All we have is just a prediction but never say it was right, we can only see BNB recover to that price when the market has also recovered. For now, the only thing we can do is to hold or accumulate more. $310 is not that far impossible to reach but if we can't hold and are able to extend our patience, definitely, it becomes impossible.
Though for sure it will rise again in the next bull market the real question is when is the next bull run?
While waiting for this better to start buying now or do DCA because a lot of cheap coins in the market right now which many sees as an opportunity to hold and buy more. BNB is still a good one despite of their issues with SEC, I believe they will rise more especially if their case with SEC will be cancelled.
our readiness will tell our decisioning and that is even how long will it takes as long as we are willing to wait for bullrun , it will doesn't matter at all.
the only problem are those who are giving time(specifically) to their investment time.
because a true holder cares nothing when , but how much are they wanted to sell out .
the price range mater to them at all cost.

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