Binance Coin - BNB in short.
- On 14-7-2017 ICO price was $0.1063 with Maximum Supply 200 Millions tokens of BNB runs on the Ethereum Blockchain based on ERC20 Protocol .
- Trading BNB started on 6-11-2017, opened at $1.5/BNB in first week.
- BNB pumped from $1.49 to $25.18 in 9 weeks then dumping hard to $5.52 in 4 weeks.
- 2017 has been ended with burning...
2017 was a hype's year. Market cap reached +$800 billions and for some reasons -$600 billions have been disappeared. ICO projects fails and scammed investors, Exchanges closed for anonymous reasons, Exchanges hacked, USDT (Tether USD) rates down to -$0.88 and other rumors in press. Do you remember the beginning of 2017? Ok, flashback with me. Binance didn't exist,...
After BTC had up trended from $986 to $19,903.44 in 38 weeks, it down trended from $19.903.44 to $9,150.28 in 4 weeks!
BTC broke down $10K to touch a new support level at $9,150.28 and all Altcoins followed it in this down trend.
So, We are in a bear market.
If BTC breaks $15,500, it will up trend to 17,500 and 20,000
If BTC breaks $10,500, it will down trend...
READ AND THINK ...
After LTC had up trended to $93.66 on 2-9-2017, Charlie Lee (The creator of LTC) tweeted "Finally china banned bitcoin exchanges (Anonymous source i trust fully) there's only one response JUST HODL!" then he deleted that tweet and the price down trended to $32.98 on 15-9-2017.
After few weeks from China's FUD, LTC up trended to $106.40,...