The pair #BNBBTC is one of the most important pairs I monitor when analyzing the strength of BNB against Bitcoin, not just against the dollar.
It reflects how investors interact with BNB as an alternative asset in the market compared to the leading digital currency.
When BNB performs strongly against BTC, it indicates market confidence in the Binance project and its continuous growth.
I track this pair using moving averages and the RSI indicator to determine trends and entry levels.
During past periods, I noticed that BNB maintained strong support against BTC, enhancing its potential for a rise in the upcoming cycle.
An ideal pair for traders interested in balancing digital assets.
