Binance Coin —Global TradFi crash & Crypto safe haven status

Here we have two sets of numbers working as support levels; mid-term and long-term. Based on half of the bullish cycle, starting August 2024, and also the full bullish cycle, starting June 2022.

First, notice how Binance Coin hit bottom June 2022. A long-term higher low happened around October 2023. While prices were low for a long time, technically, the chart always remained bullish after the bear market bottom. We can expect similar developments in 2026 and going forward.

We sure get a bottom, some bullish action then back down but once the bottom is in, it is in for good. It is still very early in the year though, there is plenty of room for horrible things later on.

The Cryptocurrency market will be a safe haven once the world starts to crash, the traditional financial markets. This is the main reason why everything is so wild right now. Crypto needs to go down first and fast so that it can be at bottom prices when people sell TradFi so that money can flow from stocks, banks and governments toward Crypto.

Remember, we are not just looking at the usual market cycles but an evolving humanity. Finance is different now. Money is different now, it is free, open and virtual, it was the biggest monopoly for millennia. The money monopoly is over now.

Binance Coin technical analysis focused on support levels

The 0.786 mid-term was $608 and this level is being lost as I write. The 0.618 level of the broader cycle, multiple years of data, is $638 and this level is also lost. This opens up the range marked on the chart as the next support zone.

Notice how in the past once support was reached the market never continued lower, it went sideways for years then up (after June 2022).

The low August 2024 was $400. This level becomes relevant for the current bearish cycle.

MA200 reads $493 and EMA233 $513. The 0.786 Fib. retracement level for the broader cycle sits at $438. So this is the range, between $400 and $500. If not long-term, support should be find here at least in the short-term.

Summary

BNB keeps going down to settle at the above mentioned levels. Here it becomes tricky. Past action calls for another down-wave but this isn't necessary as the pattern is different now. So it can happen that the accumulation period at bottoms price starts when this crash ends.

Another support zone that can be activated sits between $275 - $350, we need more time for this as it is still too early to know more.

If there is a strong reaction once support is reached, then we might be spared from seeing much lower. But, on the other hand, if there is no strong bullish reaction, then more pain is expected through 2026.

The good news is that we already have four months of sustained bearish action. A big portion of the bearish cycle is already in. This is a blow off top by the way. The way Bitcoin is behaving, is also a blow off top. Maybe we can look back to 2018 to know what to expect. :)

The previous bear market (2022) produced a total of -72% from top to bottom. This time around (2026) we are looking at -56% so far. A price tag of $400, the lower end of the above mentioned range, would give us a total of -71%.

With each passing cycle, bear markets tend to become smaller. It is possible that BNB's bottom will show up around the range mentioned above.

Thanks a lot for your continued support.

Namaste.