The widely circulated currency analyst tends to climb on the Great altcoin amid the correction of the Bitcoin (BTC) to the lowest levels in the last time in November.
Analyst known as Blontz Recount His 31,200 followers on the social media platform x that the ecosystem of the BNB, BNB chain, has not yet been on the authority of the BNB series.
According to the pseudonym, BNB can rise by at least 25 % of the current level in “Legal Leg” to reach the highest new level ever.
Based on a weekly scheme by a pseudonym that regularly applies the Elliott wave theory in his technical analysis, it seems that Bluntz indicates that BNB is at the tail of the five -wave style that started in mid -2013.
Elleot Wave theory states that the main trend of the original price occurs in a five -wave pattern while correction occurs in a three -wave pattern. According to his plan, BNB can reach about $ 900 to complete the fifth wave of the main bullish direction.
BNB is trading at $ 625 at the time of writing this report.
Next is Bitcoin. It seems that the analyst and merchant follow them on a large scale indicating that the king of encryption Be able to It decreased if the level of support, which is slightly more than $ 86,000, fails.
“If BTC will wear, it must be from here [around $89,000] Now that the side of the range has been taken. And if not, it is better not to talk about it. “
Bitcoin is trading at $ 88,504 at the time of writing this report, as it increased a little from the lowest level in three months by about 86.050 dollars earlier this week.
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