This is just a guess, I may be wrong.
I think BNB is not going to $1500 because it is an altcoin like others. I mean like ethereum and other ones that will have bull period and it will cool down.
I think the people will be satisfied with $1000 for now and drag the price down a bit with it not getting there again for now.
It’s still hard to make a final statement, because as you know, the price of altcoins like BNB and others are unpredictable. It reminds me of the time when Bitcoin was only around $1,000,
and many didn’t believe that its price would go higher — but now, after 8 years, here it is at $117K so far.
In other words, it’s difficult to underestimate the potential of cryptocurrencies like BNB. Maybe before Bitcoin’s bull run ends,
the peak price of BNB could reach somewhere between $1,000–$1,500. It could happen, or maybe it won’t.
I posted that 'for now'. If Binance remain a good exchange and nothing happened to it, BNB will later get there. But my point is that it is not going there for now. It will cool down.
Let us see what will happen, but I think the resistance is building already. If BNB fails to enter $1000 and make it a support instead, it is very possible it may be hard to even get to $1000
again for now.
I strongly believe BNB has the potential to reach 1.5k amongst all the alts because of its backing. Yes, I know it will cool down at some point for now, we are on giga send mode. I will be watching closely though.
Should we spice it up with
a $100
bet? I choose it is not going there
this year.