Binance Coin hits its highest level since November 9, 2022. That's a 2.5 months high.
This is happening while Bitcoin is undergoing another bullish consolidation period.
This break today also confirms EMA300 as support. After battling with this level for 10 days, BNBUSDT is finally growing above it.
Continuation is needed for EMA300 'conquered' confirmation but meanwhile to bulls stay ahead.
This goes together with my theory explained with the Bitcoin Cash and the last BTCUSDT trade ideas.
You can find these in the "Related Ideas" below if you want to go deeper... I explain why I believe the market is likely to continue with its growth based on how different "groups" of altcoins are performing.
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