{"id":136090,"date":"2024-08-23T16:30:16","date_gmt":"2024-08-23T13:30:16","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=136090"},"modified":"2024-08-23T13:52:49","modified_gmt":"2024-08-23T10:52:49","slug":"analyst-predicts-big-gains-for-bnb-and-upcoming-bitcoin-breakout","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/analyst-predicts-big-gains-for-bnb-and-upcoming-bitcoin-breakout\/","title":{"rendered":"Analyst Predicts Big Gains for BNB and Upcoming Bitcoin Breakout"},"content":{"rendered":"<p>The analyst, who goes by Bluntz on X, has shared that <strong><a href=\"https:\/\/cryptodnes.bg\/en\/cryptocurrency\/bnb\/\">BNB\u2019s<\/a><\/strong> weekly chart shows promising signs for future growth.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\"><a href=\"https:\/\/twitter.com\/search?q=%24bnb&amp;src=ctag&amp;ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"nofollow\">$bnb<\/a> has one of the cleanest high timeframe charts here imo.<\/p>\n<p>consolidation under prior ATH with a sweep of both the top of the range and bottom of the range and has now reclaimed it.<\/p>\n<p>these setups are T1 setups imo and weve been handed one on an extremely high timeframe.<\/p>\n<p>legit\u2026 <a href=\"https:\/\/t.co\/XXmWaeHfan\" target=\"_blank\" rel=\"nofollow\">pic.twitter.com\/XXmWaeHfan<\/a><\/p>\n<p>\u2014 Bluntz (@Bluntz_Capital) <a href=\"https:\/\/twitter.com\/Bluntz_Capital\/status\/1826383924643463207?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"nofollow\">August 21, 2024<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>Bluntz believes that BNB, currently priced at $583, could potentially rise by around 72% soon, despite being approximately 18% below its peak of $717 from early June. He describes the current setup as highly favorable, suggesting that a target of $1000 might be achievable in the near future.<\/p>\n<p>Regarding <strong><a href=\"https:\/\/cryptodnes.bg\/en\/cryptocurrency\/bitcoin\/\">Bitcoin<\/a><\/strong>, Bluntz <strong><a href=\"https:\/\/x.com\/Bluntz_Capital\/status\/1826575134062510407\" target=\"_blank\" rel=\"nofollow\">observes<\/a><\/strong> that the cryptocurrency\u2019s recent consolidation phase is nearing its end. He notes that Bitcoin has repeatedly tested resistance at around $62,096, indicating a likely breakout ahead.<\/p>\n<style>\n    .dark-mode .read-more {background-color: #343a40 !important;}\n<\/style>\n<div class=\"read-more pb-3 pt-3 pt-md-2 px-3 my-4 border bg-light\">\n    <h5 class=\"text-uppercase border-bottom mb-3 pb-1 d-none d-md-block\">READ MORE:<\/h5>\n    <a class=\"article row\" href=\"https:\/\/cryptodnes.bg\/en\/russia-unveils-new-cryptocurrency-exchanges-to-power-global-trade-amid-sanctions\/\" title=\"Russia Unveils New Cryptocurrency Exchanges to Power Global Trade Amid Sanctions\">\n        <div class=\"contentRight col-4\">\n            <span class=\"imgContainer mt-0\">\n                <img decoding=\"async\" class=\"image img-defer\" src=\"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2022\/07\/russian-flag-240x170.jpeg\">\n            <\/span>\n        <\/div>\n        <div class=\"contentLeft col-8\">\n            <h4 class=\"title mb-0\">Russia Unveils New Cryptocurrency Exchanges to Power Global Trade Amid Sanctions<\/h4>           \n            \n        <\/div>        \n    <\/a>\n<\/div>\n<p>According to Bluntz, Bitcoin may be forming an inverse head and shoulders pattern on the four-hour chart, which is often seen as a bullish indicator.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>A prominent analyst known for accurately predicting Bitcoin&#8217;s (BTC) bottom in 2018 is now bullish on BNB, a leading cryptocurrency by market cap.<\/p>\n","protected":false},"author":3,"featured_media":102519,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[24,27],"tags":[72],"class_list":["post-136090","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-altcoins","category-bitcoin","tag-bitcoin"],"acf":[],"yoast_head":"<!-- This site is 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