✴️ Binance Coin Likely To Recover

١٧ يونيو ٢٠٢٣

Binance Coin is in the TOP10 and we can use it to gauge the strength of the market.

If BNB recovers, the rest is set to recover.
What one does, the rest follows.

Since Binance is the one receiving the strongest attack, we will call it karma and leave it at that, if it can recover then the easier it is for the rest to recover. As others are being attacked but not as strong.

We have a double bottom here, June 2023 vs December 2022, technically.

The June low is actually a few cents higher while the RSI went to oversold; a hidden bullish divergence.

Yes they are under attack, but an attack is not the end of the world.

Look at BitMEX for example, it was attacked but it survived.
They might have to wind down, maybe even stop some of their scam schemes... who knows, but an attack is not the end of the world.

Cryptocurrency is about freedom and decentralization.
The market can become too centralized at times. Whatever is happening is bound to turn into a positive in the long-run.

Binance, you reap what you sow.
Good luck with your battle.

You will survive, that's for sure.

Namaste.