Shafay
Long

BNB possible pull run in January 100% potential

BINANCE:BNBBTC   Binance Coin / Bitcoin
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Since a week BNB has been accumulated and has several times tested the new bottom.
BNB price is likely to go for a bull run in January. This comes in time as BNB coins will be burn by Binance on 31 Jan.

I expect price to almost double by 31 Jan, at the coin burn event. Further descending triangle on BNB is closing and we might see another leg up.

Read more about quarterly coin burn https://support.binance.com/hc/en-us/art...
https://support.binance.com/hc/en-us/art...
Will Coin burn further increase price sir?
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Shafay engrelysium
@engrelysium, Yes, Binance will burn BNB every quarter till 2018. Reducing supply by 50% in the end.
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