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BNB Will Reach New Lows in 2023: Predicts Analyst

Published 2022-12-21, 09:39 a/m
© Reuters.  BNB Will Reach New Lows in 2023: Predicts Analyst
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  • A Crypto analyst anticipates BNB/BTC will decline to new low levels.
  • BNB’s price declined by 0.03% over the past 24 hours.
  • Bulls have been trying to reverse the market trend in the last 4 hours.

Crypto analyst Jason Pizzino predicts that the BNB/BTC pair will reach a bottom in 2024, despite Binance and Bitcoin losing momentum in the cryptocurrency market.

The analyst predicted the utility token of the largest cryptocurrency exchange in the world, Binance Coin (BNB), to change direction on the Bitcoin (BTC) chart. After an almost two-year bull run, he claimed that Binance Coin (BNB/BTC) may have peaked against Bitcoin (BNB/BTC

As of the time of publication, BNB Price Analysis showed a consistent decline over the previous 24 hours, with prices falling by 0.03% to $247.53.

The market capitalization fell by 0.02% to $39,597,248,600, which led to an increase in selling pressure, with 1-day trading volume falling by 25.89% to $565,851,178.

The post BNB Will Reach New Lows in 2023: Predicts Analyst appeared first on Coin Edition.

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