🚀 Crypto Hot News: CZ Binance Just Released From Prison, Will BNB Break Out? 🤔
- CZ released from prison after 4 months, many expect BNB to surge, but some say it will follow the general trend of altcoins.
- BNB and BTC are stuck in a large price range, showing hesitation between buyers and sellers.
- Optimistic prediction: BTC could reach a new peak in Q4 or 2025, BNB could reach $1,000.
📊 BNB/BTC Analysis:
- Trying to recover but facing strong selling pressure at the 38.2% Fibonacci level.
- If price falls below the 20-week SMA (0.009 BTC), it could fall to the 50-week SMA (0.008 BTC).
- On the contrary, if it bounces from the 20-week EMA, it could target the 50% (0.012 BTC) and 61.8% (0.014 BTC) Fibonacci levels.
💬 What do you think about the future of BNB and BTC? Comment now!