According to a closely-followed crypto strategist, one of the top five altcoins is about to experience a major breakout due to a historical pattern against Bitcoin.BTC).
Kaleo, a pseudonymous cryptocurrency trader tells Binance Coin) has 629.500 social media followers.BNBBinance’s native asset, the largest crypto-exchange platform in the world by volume, may see its value soar 118% over the current price.
“BNB to about $1,300 on this move actually doesn’t sound too crazy. Lines up well with the targets on the BTC ratio chart as well.”
The trader, looking at the chart, suggests that BNB is in a positive trend, after breaking through a downward trendline. It could reach $1,300 after June.
BNB currently trades for $596.63, a slight increase in value over the past 24 hours. BNB hit its all-time highest (ATH), $686.31, on May 10, 2021.
Kaleo thinks BNB’s price pattern against Bitcoin is historic, as his chart indicates. Three previous instances of this pattern have led to huge gains.
Every major BNB rally followed the same strategy versus BTC.
- Establish base range.
- Break the range below (deviation) in a brief manner.
- Reclaim.
- Gigasend to ATH. The best place to invest has always been the reclamation, and that is exactly where we are right now.
“Send it for $1,000.”
![Image](https://fxruhanahmed.com/2/wp-content/uploads/2024/03/1710527524_906_Top-5-Altcoin-Could-Explode-by-118-After-Bitcoins-Big.jpeg)
BNB/BTC currently trades for 0.008752 BTC (596.63), an increase of more than 4.5% over the past 24 hours.
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