Therefore, the opportunity for BNB to reach the price of $1k is still there because many investors have confidence in BNB so it can be seen how the demand for BNB coins is in the current market. Of course, investors have confidence in BNB because Binance has the same high BSC and Exchange.
https://coinmarketcap.com/currencies/binance-coin/I prefer to see BNB at $800 first even though the price of $1K is also very decent for BNB, but for a very realistic achievement this year it is $800, because the time is not too much, even if it can get to the price of $1k, it is will take until next year.
That's a real hope. If the current price of BNB is $563 then it would be wonderful if the price of BNB was at $700. Increase or not also depends on how the market moves. If all the coins in the market are in decline, of course BNB will also experience the same thing. BNB can go as high as $1k, but not this year. That's what I got from your point.
I get your point, but we also need to remember that BNB price moves differently before,
While the entire market is bearish, this coin shows strong market. It's possible to repeat it back, CZ knows how to play with the sentiments, and with solid supporters of his business, it's very possible that it will bounce up.
We still have another 1 and 1/2 months still enough for this entire crypto to bounce and have a strong bull to dominate.