Around 3 months ago I made an analysis on BNX and the fact that it was vastly outperforming the market in that period. I made the call that this token could very well be the new bear market top performing token, just like LINK was last cycle.
Since I made my post, BNX has been trading inside a bullish channel. Even with the market turning sour in the last two weeks, BNX has managed to actually gain a decent amount of value.
For now, the top of the channel is the target., If we ever come close to the bottom of the channel again, I will seriously consider buying a stack to protect my assets during the the remainder of the bear market.
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