Quote from: sadewa69 on Today at 02:58:01 AM

Quote from: Sendi blackspade team on Today at 02:36:40 AM

Quote from: CryptoATM on April 16, 2021, 09:13:57 AM

The burn is already done? Why is the price keeps dropping then? BNB needs to retrace it's all time high to start surging again but right now I don't see any bullish trend but I believe that 520$ per BNB is still a steal, BCH on the other hand is going to 1000$ wether you like it or not, many people hate BCH but it has what it takes, anyways it's not to late to buy BNB

This news is very busy talking on social media this time, we will never know when Binance buys more tokens to burn, for now it doesn't seem to have much effect on the price, and maybe yesterday's increase in binance was the effect of burning this time, we have to keep an eye on this in case of a downturn and get ready to re-enter when the price improves.

The community gets the news that there will be a BNB coin burning this month. that's what made the increase happen. and it is truly extraordinary.
Unfortunately, when the burning moment occurred, the market was correcting. that's what made the response from BNB and BTC holders also securing their assets. I think now is the time for them to come back because BTC has started to stabilize the market price. and it will be a good time for altcoins like BNB to make another move.

It is the game of by the rumor sell the news thing, immediately the next bnb burn was announced it trigger a huge buy movement, lots of investors why already buying bnb way before the actual burning period and sell to take profit few days to the event, reason why even when the burn has occurred it won't take effect on price immediately, this will occur slowly,
Am guessing the correction is done and probably another opportunity to buy before the next price movement.