BNB Price Can Drop Under $200 But Bitcoin Can Bounce Back
Earlier this week on Tuesday, the BNB price tanked under $210 levels with its year-to-date losses extending above 30%. There’s a fear brewing in the crypto space that an FTX-like situation could pan out with Binance if the BNB price crashes further. advertisement Amid these developments, the Bitcoin price is also witnessing some selling pressure with a push under $26,000. Crypto analyst Mike Alfred suggests that if Binance were to suspend withdrawals, Bitcoin can actually bounce back strongly forming a dog candle. He wrote: “CZ is dumping Bitcoin again today trying to hold up the value of BNB. It’s not working. BNB is bleeding out. I expect a $200 break, potentially within 48 hours. After Binance shuts withdrawals for all customers, BTC will rally. Could even see a God candle. Will be fun”. Binance (BNB) Coin to Drop Under $200? The BNB price has bounced back from yesterday’s low of $205. As of press time, Binance (BNB) Co...