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CZ

Binance COIN BNB Price Target after the U.S. CFTC sued BinanceBinance and its CEO, CZ, are being sued in the US by Commodity Market Regulators in a complaint that claims the defendants committed “wilful evasion of US law”. This comes after the SEC Charged Crypto Entrepreneur Justin Sun and his Companies for Fraud and Other Securities Law Violations last week. Binance is responsible for 61.8% of the global crypto trading. Its Market Share is Huge! I assume we are about to witness a major selloff in the crypto industry. My BNB Binance Coin Price Targets: BNB/USDT short Entry Range: $310 - 320 Price Target 1: $295 Price Target 2: $265 Price Target 3: $240 Stop Loss: $350
Short
by BuySellMarketMaker
Trade Alert - Take ProfitTraders, We’re 8 for the last 8 with at least 5 of those wins on XRP. I’ve watched the drop since resistance and XRP looks to be forming a shooting star candlestick pattern on the daily. Not wanting to test fate, I’ve opted to take the remaining profit here at .46 cents. We also look to be forming an “M Pattern”. This makes sense from a technical standpoint. I would like to see us go back and retest the upper side of that triangle that we recently broke out of. Stew P.S. - Ignore that re-entry area. Forgot to take it off of my chart. That has already been taken advantage of and I now anticipate we may drop below it.
by stewdamus
BNB Binance the next FTX and the Crypto Collapse I don`t think the bear market is over because of BUSD issues. The Securities and Exchange Commission has told crypto firm Paxos who issued BUSD, that it plans to sue the company for violating investor protection laws. Binance was the biggest holder of BUSD, with holdings worth $12.3bn, equal to 58% of the stable coin’s circulating supply on Ethereum, as of 1 October 2022. On Sept 29 2022: "Existing USDC, USDP and TUSD balances in user accounts will be automatically converted to BUSD at 2022-09-29 03:00 (UTC) (“Auto-Conversion”)" So after the SEC lawsuit i assume people will move from BUSD to USDT, which needs to print new coins and make bigger reserves. But they already have problems with liquidity, not all the market cap being assured by dollars. USDC is issued by Circle, in which Goldman Sachs and other US entities invested. In conclusion, i believe that after Binance delisted USDC, we are witnessing a war between the establishment represented by Circle and Binance, which could prove insolvent is people will fully exit BUSD and BNB. Paxos already announced that it won`t issue more BUSD after the SEC warning. Binance also shuffled +$1 Billion in customer assets without customer permission, just like FTX - Forbes wrote in an article. I think the SEC is after Binance. In just 4 years, BNB, Binance Coin, made an impressive 7197X gain. Considering it overvalued, i have used the Fibonacci retracement tool to determine the next support level. My price target is the 0.786 level, respectively $160. Looking forward to read your opinion about it.
Short
by TopgOptions
2
it's time to falling for BNBUSDTbefore buying, please check for being sure about your opinion about this CRYPTOCURRENCY!!! (in every target you want, closed the position but our target is the third one) enter price not here that we are be careful about it guy's *Guy's the entry place is importance things in enter in a position and be careful do not going up your leverage over 7x ,all things it's about risk management* ************************************************* if you want to enter in this position: Enter Price: 295.444 Target1: 287.806 Target2: 283.428 Target3(Final Target): 277.001 Stoploss: 303.082 ************************************************* Guy's if this idea was useful and it was intresting for you please follow for more don't forget do comment and like my idea doing and living in the best quality thanks of all of you dear's ;)
Short
by MakingMoney444
2
I SEE IT COMING CZ Binance FUD is getting serious after the inconvenient CNBC appearance of CZ, removal of last audited files & the large amount of withdrawals last week. SBF's $250m bail & return to his parents after stealing over $10b seems like a joke, but his past financial aids and donations to election campaigns paid off! and guess what? they will even attack Binance as a revenge! Binance is a private company and it is not forced to share very detailed financial reports! but Gensler can do whatever he wants. I will be a happy buyer of $BNB at $200 or lower.
Short
by dogofwallstreets
5
IS BINANCE (CZ) GOING TO PROVE STABILITY +MOVEMENT OF BNB SOONBinance, one of the largest and most reputable exchanges, has recently faced FUD (fear, uncertainty, and doubt). The value of Binance's cryptocurrency, BNB, has also seen a breakdown trend in a lower time frame. However, data suggests that BNB has the potential to recover and reach the $300 USD mark or higher. The weekly chart shows a positive view and confirmation. Binance exchange will be able to support the BNB price action, and what matches CZ plans for BNB, expecting that BNB can have a great background. If we check the historical price action of BNB, then we see an area where the normal price action is, and that's around the $300 USD price action. We give it a good chance of returning to its normal level and potentially reaching an uptrend. this outlook is based on day trading and should not be taken as investment advice. The exact direction of the price action is uncertain and will depend on future market conditions. At last, I will not be surprised if we see BNB returning back above 300 USD since we know the mentality of thinking of CZ, and most follow CZ would have around an idea about the large exchange at this moment by this news views. We don't know the future, it's 100% view expecting, and let time show what it's coming for BNB. Know that every invest in a crypto is very risky with no plan.
Long
by Goldenbreakout
3
BNB Binance Coin | Prepare for a Sell-Off !Yesterday, CZ Changpeng Zhao, the CEO of Binance, was evasive when asked by CNBC if he has cash reserves to cover $2.1 Billion from the FTX collapse. I don`t believe he has the money. I think BNB Binance Coin has come a long way. it was fun. My first investment in it was in 2019 around $6.5 to catch the MATIC ICO exclusively on Binance. Now the volume is decreasing while the price is still holding. I predict a selloff is about to come! Write me your price target!
Short
by TopgOptions
10
BNB FUDCZ is a beast and can do all that he wants correctly, however fud is unstoppable. with the state of the crypto market as a whole this isnt looking good. I dont see real functionality of bnb besides saving on fees, ive brought this up on my youtube before it was unjustly banned so hopefully some of you were able to watch those reviews. Either way FTX just nuked the entire market and now CZ is dealing with the toxic mess left behind by that scrub. Clearly seems to be a industry plant who was brought into crypto to tank the market to open the doors for regulation from the alphabets. Regardless of what happens fundamentally, if BNB loses this level around 220 than its free fall time folks. Cya at $30 back where it began.
Short
by largepetrol
3
Binance in troubled waters - Downside imminentCrypto is NOT in a good space right now. The coins and infrastructure aren't the problems, but the exchanges who run them and facilitate the transactions. I know crypto is the future and I'm super bullish in the long run. But right now, we need to protect ourselves from unnecessary scams and let the long winter play out until things start to be under control. With Binance, I don't have great news. CZ is under investigation of money laundering and the financials with it's practices. We've seen over $3 billion from withdraws taking place from a $64 billion pool of money. This is more of a stroll on the banks, but it has set a precedent and the ramifications can be drastic in the near future. With the US justice department and the FED having eyes on Binance since the FTX collapse and mismanagement, this isn't a confidence booster for investors. We are in protection and preservation phase for crypto traders and I don't know who to trust to be honest. Anyway, the chart is also showing strong downside. M Formation formed over the last few months and the price is breaking down. The Moving Averages are crossing down and the bias has officially become bearish. My first target is $166.70. Sorry for the grim analysis but price action does NOT work on feelings or gut. Follow for more daily tips and inside info. Timon MATI TRader
Short
by Timonrosso