The BNB price is sitting below the spotlight that has surrounded Bitcoin, Ethereum, and Solana in recent months, but a new technical outlook suggests that this quiet phase may be exactly where the larger setup is forming.
Crypto analyst Crypto Patel has predicted that BNB could be one of the biggest trades of the cycle, with a long-term chart target reaching as high as $12,000.
BNB Is Repeating A Multi-Year Breakout Structure
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Most of the industry’s attention has been locked in the constant competition between Ethereum and Solana, but BNB has been quietly assembling a multi-layered technical and fundamental case that crypto analyst Crypto Patel believes points to a price target of $12,000.
The $12,000 projection is bold, especially with BNB trading around $626. However, the Fibonacci structure on Crypto Patel’s BNB chart tells a longer story that supports this projection, alongside a few fundamental factors that are live on
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