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Topic: Bitcoin Still Bullish Says Analyst as Crypto Token Binance Coin (BNB) Surges 15% (Read 341 times)

full member
Activity: 616
Merit: 100
https://exip.live/
If Bitcoin keep going up slowly so others altcoin will have potential to raise multiple times, because price of BTC affected with altcoin, currently already many altcoin going up above 100% and this is good sign and mean we are already in bullish trend.
sr. member
Activity: 1638
Merit: 251
Hexhash.xyz
In the last 24 hours, the Bitcoin price has slightly dropped from $3,860 to $3,770, struggling to demonstrate strength at the $4,000 resistance level.

Despite the lack of momentum on the price trend of Bitcoin, several crypto tokens in the likes of Binance Coin (BNB) and Enjin Coin (ENJ) have recorded 15 percent gains against the U.S. dollar and BTC.

Speaking to CCN, a cryptocurrency trader known as “Satoshi, MBA” said that the strength of tokens and small market cap cryptocurrencies show the overall bullish trend of Bitcoin.

https://www.ccn.com/bitcoin-price-bnb-coin-15-percent-rally

Bitcoin price is trying back to surpassing $4000 resistance level now, which is good for the recovering market.
In Binance, the BNB token seems like have a new function, for participating in some ICOs in Binance.
No wonder if the BNB token price goes high, it reached above $15.
member
Activity: 518
Merit: 10
Bnb token I think will still grow, especially on the nose is the next ieo, I think to keep this token is very promising , and even now the market is falling and bnb showed growth, I think the creators of the token are well aware of the development!
legendary
Activity: 2100
Merit: 1058
Bitcoin has been trying to show the green spot but been meeting a lot of resistance which I believe that bitcoin will massively break above the $4k resistance this week we are entering hopefully,

The good thing about the market is that a lot of the coins are beginning to do fine on their own without the support of one coin or the other and I have even since some coin grow up to 200%, with the way the crypto currencies are performing well, I think this year will be one of the best year of crypto.
sr. member
Activity: 1183
Merit: 251
Changpeng Zhao is a genius with the use of profits from the exchange, We could be assured that the Binance Chain won't be having problems of funding for a very long time.  It might dominate the rankings very easily and faster adoptions to take place due to current partnerships that Binance has.
Binance came with a nice strategy and their strategy has been working well for them since inception, the support for Binance by their community is so strong that they might end up topping ethereum with the way the coin is going and for the Binance chain technology system developed by them which many coins or the new ICOs might start making their coins Binance chain base.

I believe that in no time as you said, they will sure top the rankings easily but still can’t top BTC though.
Binance has already surpassed some major coins and this will be even more consider about the buyback and launch pad system that available in binance will help the price for each of bnb coin goes to the moon right now. CZ is the one who has made so many good ideas to create big revenue for the platform.
copper member
Activity: 448
Merit: 0
StableDex | Decentralized, Secure & Cost Effective
Every coin or token has it own time to surge or drop even if btc surge or drop but most time the drop of btc affect every token and coin as a major pair in the market which has a significant purpose to them all.
hero member
Activity: 2828
Merit: 611
Changpeng Zhao is a genius with the use of profits from the exchange, We could be assured that the Binance Chain won't be having problems of funding for a very long time.  It might dominate the rankings very easily and faster adoptions to take place due to current partnerships that Binance has.
Binance came with a nice strategy and their strategy has been working well for them since inception, the support for Binance by their community is so strong that they might end up topping ethereum with the way the coin is going and for the Binance chain technology system developed by them which many coins or the new ICOs might start making their coins Binance chain base.

I believe that in no time as you said, they will sure top the rankings easily but still can’t top BTC though.
hero member
Activity: 1876
Merit: 512
Anyone not trying as much as possible to position himself into BTC now will miss the chance of lifetime, I can't predict ow the bull run will take place because the market is mostly irrational but what I can say is that everything in the space now point to upward movement and I have seen BTC move from $8K to $20k in 35 days before and who say this time it won't be $50k
hero member
Activity: 2730
Merit: 585
Leading Crypto Sports Betting & Casino Platform
I can say that the market is bullish for coins like binance and it's like but I can't say so for Bitcoin for now because it is obvious that the bitcoin market still remain bearish.

I know we are going to see a bull run in the price of bitcoin this year but might not happen yet until the third quarter of the year. The bull run in binance coin was because of the news that the government of a country is going to buy a lot of binance coin, so people jumped into the market immediately so they can make profit.
member
Activity: 378
Merit: 10
BNB does have a good development, it is seen that the crypto market is moving well. The enhancements that occur give the holders pleasure and are ready to continue to get opportunities in profits.
sr. member
Activity: 1377
Merit: 268
Changpeng Zhao is a genius with the use of profits from the exchange, We could be assured that the Binance Chain won't be having problems of funding for a very long time.  It might dominate the rankings very easily and faster adoptions to take place due to current partnerships that Binance has.
sr. member
Activity: 658
Merit: 250
BNB and ENJ have such a large community, my 10% profit for trading in binance with BNB tokens, with prices that are quite expensive for tokens currently making BNB the top and most successful ICO in the last 2 years
full member
Activity: 714
Merit: 100
3... 2... 1... Launch!
This token sure is enjoying a nice rally and is the first of its kind to achieve a top 10 ranking which may or may not have an eventual knock-on effect for other similar assets and it certainly does demonstrate the value of having a real use case behind a token combined with leading innovations and strong partnerships
sr. member
Activity: 1456
Merit: 267
Buy $BGL before it's too late!
In the last 24 hours, the Bitcoin price has slightly dropped from $3,860 to $3,770, struggling to demonstrate strength at the $4,000 resistance level.

Despite the lack of momentum on the price trend of Bitcoin, several crypto tokens in the likes of Binance Coin (BNB) and Enjin Coin (ENJ) have recorded 15 percent gains against the U.S. dollar and BTC.

Speaking to CCN, a cryptocurrency trader known as “Satoshi, MBA” said that the strength of tokens and small market cap cryptocurrencies show the overall bullish trend of Bitcoin.

https://www.ccn.com/bitcoin-price-bnb-coin-15-percent-rally

If we could look at the big picture. We can still see the bullish. Almost 3-4 years ago Bitcoin price was under $1. And it is over $3500 now. So depending on where you look at.
The right thing to do, tracing back from where this coin came from, the value still far but those who will look after 2017 bull they will not be able to
appreciate the success which we are still gaining right now, people who bought while the bull still running strong are the one who thinks that this
industry already fall to hard.
legendary
Activity: 1946
Merit: 1137
In the last 24 hours, the Bitcoin price has slightly dropped from $3,860 to $3,770, struggling to demonstrate strength at the $4,000 resistance level.
that is wrong.
resistance level is tested when you reach it not when you are $200 away from it! also a 1% drop is hardly a struggle not to mention that price is currently above $3800+

Quote
Despite the lack of momentum on the price trend of Bitcoin, several crypto tokens in the likes of Binance Coin (BNB) and Enjin Coin (ENJ) have recorded 15 percent gains against the U.S. dollar and BTC.
that has always been the trend during bitcoin price stability phases. and it is a natural thing too. traders want profit at all times. because of bitcoin stability they can't make that much profit (from 1% changes!!!) so they go pump shitcoins and make a lot of profit and come back as bitcoin starts the big rises.

Quote
Speaking to CCN, a cryptocurrency trader known as “Satoshi, MBA” said that the strength of tokens and small market cap cryptocurrencies show the overall bullish trend of Bitcoin.
that is just bullshit Cheesy
the dude has to check the history of altcoins and their pumps.
member
Activity: 258
Merit: 10
In the last 24 hours, the Bitcoin price has slightly dropped from $3,860 to $3,770, struggling to demonstrate strength at the $4,000 resistance level.

Despite the lack of momentum on the price trend of Bitcoin, several crypto tokens in the likes of Binance Coin (BNB) and Enjin Coin (ENJ) have recorded 15 percent gains against the U.S. dollar and BTC.

Speaking to CCN, a cryptocurrency trader known as “Satoshi, MBA” said that the strength of tokens and small market cap cryptocurrencies show the overall bullish trend of Bitcoin.

https://www.ccn.com/bitcoin-price-bnb-coin-15-percent-rally

If we could look at the big picture. We can still see the bullish. Almost 3-4 years ago Bitcoin price was under $1. And it is over $3500 now. So depending on where you look at.
legendary
Activity: 2114
Merit: 1150
https://bitcoincleanup.com/
I'm surprised how that expert based his opinion on market being bullish from the increase in Binance Coin and the likes of Enjon Coin. Similar situations has happened before but the market has remained bearish.

Credit to CZ though for his brilliance in creating demand for BNB and to their community for keeping the price up.
hero member
Activity: 2338
Merit: 953
Temporary forum vacation
I saw last week that Binance coin had dropped below ten dollars,,, and then just a few days ago saw another aggressive promotion on Binance International for their new trading competition giving away free BNB. This I thought was the sign they needed to do more to try pull up their coin. But then it surged into such high digits,,, it makes me ask myself. Is it still good to get into BNB now? Bitcoin of course and for sure.
legendary
Activity: 2296
Merit: 2721

BNB and some other shitcoin going up doesn't mean anything for Bitcoin, its price action doesn't depend on how the altcoin market performs.
Exactly. I wouldnt draw any line from hyped altcoin pumps (which may end in -90% the next day) to a bullish market sentiment. Altcoins are pumped and dumped constantly despite the overall market sentiment.
sr. member
Activity: 826
Merit: 265
The volume reached 9.6mln and the price was increased 100$. I think the increase in volume is a good sign for future increase.
BNB is in its own business. Today's number one crypto exchange's currency and most probably we will see a good increase in price by the end of this year.

I hope it will not take the last quarter of this year for something to happen dramatically I still believe the second and the third quarter of this year will have an impact, people like newbies are losing hope and there are people who just get in, are kinda frustrating because they bought price at a high price only to see their investment dropping.
It is their problem for entering a market to invest when they don’t even give a chance looking what kind of trending happening inside
But you are right about the newbies and noob who’s expecting profit by just buying coins,without knowledge that it can either profit or loss
I hope they will continue to trust the market and hold still for them not to lose higher amount by being panicked
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