This is only a theoretical analysis, if cycle will repeat itself then the next BNB RURN will push the price of a Binance Coin to an incredible levels and threaten Ethereum as a project with second highest market cap.
Price of BNB rises way ahead of the BNB burn or weeks after the coin destruction, very similar patter to BTC before and after halving. The moment of burn is either negative or neutral for a price of BNB.
In such case there is a need to take position way earlier or after the burn and stay patient :-)
Price of BNB rises way ahead of the BNB burn or weeks after the coin destruction, very similar patter to BTC before and after halving. The moment of burn is either negative or neutral for a price of BNB.
In such case there is a need to take position way earlier or after the burn and stay patient :-)
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Even better analysis
www.youtube.com/watch?v=VHQq5Soj...
In the same time Bitcoin Dominance should fall dramatically.