Binance Coin (
$BNB ): New All-Time High?
Can Binance Coin (BNBUSDT) hit a new all-time high?
Truly, that is a really hard question to answer right now so I will start with a different one.
Is the bear market over for this project? Yes.
There is nothing that prohibits Binance Coin from hitting a new all-time high in 2026. It can happen though that the bullish wave peaks below the previous ath and it takes until next year but this is still a strong possibility.
Seeing all the great news that are about to hit the Cryptocurrency market; seeing how the market is already hyper bullish even while these developments are missing; Yes! Crypto is awesome and we are about to experience the best.
$BNB USDT Technical analysis
The highest price after the 6-February low happened mid-March around $687. After this date, BNB failed to produce new highs. This is nothing really because conditions are good as long as support holds, but, it was worrisome to see Bitcoin moving higher while BNB, ETH, XRP and Cardano stayed behind. "What is happening here?" I wondered.
Since we experienced a true bear market bottom rather than just a correction, the altcoins market needs a confirmed bullish Bitcoin—strong and trading above certain levels—to move forward. Major projects wouldn't grow unless and until a new market cycle is fully confirmed.
Once this happened, when Bitcoin moved above $80,000 but never back down, then the altcoins started to heat up.
After months of sideways action—and accumulation at bottom prices—Binance Coin is finally moving forward and this is true also for the other big projects.
Today BNB hit the highest price since 16-March, $685. Just a bit higher and we have a higher high, the first one since the crash. With the higher high an uptrend is confirmed and even higher we go.
It is good to see Binance Coin rise because this is one of the biggest projects and reveals the true state of the market. If Binance is growing, the market is growing.
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