The cryptocurrency market plummeted after US President Donald Trump threatened to raise tariffs on China to 100% on 0 Bitcoin and the majority of altcoins are turning red, many altcoins, particularly among the top 100, have lost more than 40% of their value in the last hour. However, Binance Coin (BNB) has once again made a name for itself with its strong showing amid this 1 this point, BNB hit a new ATH on Monday, falling to $1,150 within two 2 BNB has been falling since its new record high, experts said it has failed to sustain its record rally and has been rejected twice near the $1,350 level in the past 3 raises the possibility of a pullback in 4 News: As Bitcoin and Altcoins Try to Recover from Historic Crash, BNB Rises Again! - CZ Reveals the Source of BNB's Success!
Accordingly, experts stated that a double top formation has begun to form on BNB's daily chart and if it is completed, the price may drop by 30%. According to experts, the neckline of the double top formation is formed around $1,100, and a daily closing candle below this neckline will signal the completion of the 5 was also stated that the various negative rumors surrounding Binance and the net outflow of $21.75 billion in the last seven days could weaken BNB's upward momentum. *This is not investment 6 Reading: Bad Times Might Be Ahead for BNB, Which Has Been Breaking Records One After Another! Risk of a Major Drop!
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