BNB price is attempting a new rise in the $545 range. A break above the $585 and $590 resistance levels could see the price gain bullish momentum. BNB price started a new rise after finding support near $545. The price is currently trading above $560 and the 100 simple moving average (4-hours). On the 4-hours chart of the BNB/USD pair, there is a major contraction triangle with resistance forming near $585 (data source from Binance). A break above the $590 resistance area could trigger a new rally. BNB price surges eye-fresh BNB price was revised downward from $620 and then…
Author: Crypto Flexs
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The following is an excerpt from the latest edition of Bitcoin Magazine Pro, Bitcoin Magazine’s premium markets newsletter. To be the first to get these insights and other on-chain Bitcoin market analysis delivered to your inbox, Subscribe now. With Bitcoin’s next halving scheduled for this month, miners are using their record profits to adapt their business models to the disruptive opportunity.Halving is almost here. As the entire Bitcoin world waits with bated breath for mining rewards to be halved, the potential for new revenue streams has left many wondering how the Bitcoin space will react to new market conditions. Past…
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