đđCZ's last five days: Could BNB explode? đđ
Binance's former CEO CZ was sentenced to four months in prison for anti-money laundering violations. CZ, who will be released on September 29, has the potential to increase volatility in BNB$BNB
Binance's native token, which exceeded $ 600 after a long hiatus, is currently in an uptrend. CZ's release is considered a critical development for Binance and BNB. With the news of his release, BNB surpassed the important resistance of $ 600, which it has not been able to break since July 5. BNB, which has performed better among altcoins, seems ready for the uptrend season; news flow regarding Binance will be of great importance during this process.
Negative developments originating from the stock market or problems regarding CZ may reduce the BNB price. If BTC falls below $60,000, BTC dominance increases, or BNB breaks $600, selling pressure may increase in the parity and in this case, $500 levels may be tested.
Binance's coming to the forefront, especially with Launchpools, may cause BNB to close weekly above $600 or sharp increases to be observed if BTC dominance decreases. In such a case, there is a possibility that it will reach $720, which it tested on June 6, again.
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