Binance Coin (BNB) is eyeing a price target of $800 in the fourth quarter. This comes as Bitcoin continues to reach new highs, positively influencing the altcoin market, including BNB. Currently, BNB is less than 20% away from this new high. The article explores the possibility of BNB maintaining its bullish trend.
While the overall sentiment is bullish, on-chain data reveals certain risks, pointing to a potential 15% price drop. These predictions suggest that while a bullish trend could continue, investors should also consider these risk factors when making decisions related to BNB.
