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[AudraMiller]

Binance coin has done very well since the start of this year, opening the year with a trading value of $35 and increasing that to $148 in just a couple of months. This has attracted much attention to this coin and its parent exchange as well. However, according to analysts, there may be a massive decline in the BNB price that is coming soon. According to analysts the current selling pressure that is associated with this coin can drop the price to as low as $85, and claims that currently the BNB coin is very volatile.

 

[Rollerkid]

Binance coin has done very well since the start of this year, opening the year with a trading value of $35 and increasing that to $148 in just a couple of months. This has attracted much attention to this coin and its parent exchange as well. However, according to analysts, there may be a massive decline in the BNB price that is coming soon. According to analysts the current selling pressure that is associated with this coin can drop the price to as low as $85, and claims that currently the BNB coin is very volatile.

I can't say much for now but from the BNB coin performance for only today l don't think it can easily come down to $85 per coin. But let's just wait for time to tell whether the experts might be right or wrong.

 

[achawaskey]

This is really speculative of the BNB, attracting attention does not translate to the down fall of the coin. I think we should wait and see what will happened next few days.

 

[sagefave]

I only yesterday just logged in to binance website to recover my account, it seems the BNB is a potential good investment so a price fall would be beneficial for investors hoping to get in the market.

 

[BullyMaguire]

It will surely undergo a price fall like every other coins that rised a lot.. then it will go again some other time with its price hikes. It might reach 200 before that though

 

[Yugocean]

Who did this analyze ?
A cryprocurrency can either climb or may fall, there is no guarantee unless some analysis have the actual market strategy information.

 

[Brain]

I won't stand by this view. For me it is just a speculation, and nothing more. I doubt this coin can fall this bad but let just keep our fingers crossed but I doubt this.

 

[Rollerkid]

Chances are very low that BNB might dropped that much to as low as $85. It's just a prediction the analyst just made and a prediction sometimes do happen or go the opposite.

 

[Sammy70]

Binance coin has done very well since the start of this year, opening the year with a trading value of $35 and increasing that to $148 in just a couple of months. This has attracted much attention to this coin and its parent exchange as well. However, according to analysts, there may be a massive decline in the BNB price that is coming soon. According to analysts the current selling pressure that is associated with this coin can drop the price to as low as $85, and claims that currently the BNB coin is very volatile.

Binance coin as done really well but surely will drop after sometime. This happens to every coin

 

[Wisdom01]

True i think its really volatile and whales are now storing the coin now due to the rate at which the coin increase in few days , so its best to just withdraw if you are for short term trade

 

[Rollerkid]

Yeah, l know the short term investors and traders might have opted out by now because the price increase is enough for them to make some decent profit

 

[Wisdom01]

Yeah, l know the short term investors and traders might have opted out by now because the price increase is enough for them to make some decent profit

They just need to do so and Invest again on the next top performing coin i think , so that little by little they would gain more cash from their investment i think

 

[Yugocean]

Binance coin is currently at rank 4 in the coin market and it has crossed the $190 mark, so whoever did this analyze, have to recheck.

 

[Rollerkid]

They just need to do so and Invest again on the next top performing coin i think , so that little by little they would gain more cash from their investment i think

Yeah, this is how the small investors do and grow in crypto currency trading. And this is always our expectation we do have in mind as crypto investors.

 

[Wisdom01]

Yeah, this is how the small investors do and grow in crypto currency trading. And this is always our expectation we do have in mind as crypto investors.

Yeah this is true because majority of small investors can't wait for a coin to just keep increasing , since most times before it record a 100% increase it might take a year i think

 

[Rollerkid]

Yeah this is true because majority of small investors can't wait for a coin to just keep increasing , since most times before it record a 100% increase it might take a year i think

Yeah, sometimes it does take a year for a good coin to record 100% or above. But mostly active traders are always targetting 30% and below in order not to lock their capital for a while.

 

[Wisdom01]

Yeah, sometimes it does take a year for a good coin to record 100% or above. But mostly active traders are always targetting 30% and below in order not to lock their capital for a while.

Yeah this is actually true because most coins when they increase for a while then they start to drop massively, since a coin cannot just continue to increase like that , that is the reason most withdraw their capital on time

 

[Rollerkid]

Yeah this is actually true because most coins when they increase for a while then they start to drop massively, since a coin cannot just continue to increase like that , that is the reason most withdraw their capital on time

Yes, you are right. The market is just on that principle and people with time to monitor the prices and also do some little analyse are always making some quick peofits especially if the trading capital too is decent.

 

[Wisdom01]

Yes, you are right. The market is just on that principle and people with time to monitor the prices and also do some little analyse are always making some quick peofits especially if the trading capital too is decent.

Yeah like for instance now the price of bnb is heading to $200 very soon and if you really do more analysis i think you would be holding with a high capital because that will fetch more profit when it doubled

 

[Niftyicon]

Cryptocurrencies are built to go up sometimes and also come down at other times. I wouldn't be surprised if it does go down but it will also go up sooner or later.