The Binance Coin price is showing remarkable resilience after it retreated from its lows, and then maintained an upswing that was steep, forming more highs, and lowers. Binance CEO CZ was also optimistic about the crypto market after the FTX fall and predicts a swift and significant recovery for the sector.
Binance CEO CZ, compares the collapse of FTX with 2008 fall of regulated TradFi, which had been in existence for more than 70 years. In same way, binance coin price is expected to go to its ATH. Other altcoins have started gaining significant traction as the Bitcoin price continues to trade sideways. Binance coin expected to rise beyond the pivotal resistance very soon too.
The Binance Coin maintained an upswing this week and was steep, forming more highs, and lowers. Thus, a straight direction towards the pivotal resistance of $300 seems very likely. According to popular analyst, Solldy, the price may rise high beyond the liquidity zone very soon.
In contrast there are news of bearish clouds haunt the BTC price rally, If BTC is stuck and low it will surely effect the BNB price too. Analyst from Coinpedia fintech news experts have said Binance Coin Price Prediction for 2023 will be $275.2227 towards year close.
What do you think, Binance price will surge above $300 or bearish clouds will drag it down?