I don't think, binance will reach $1000 this year because the price is still moving between $300 and $309 that make investors to continue holding so that they will experience something good from binance when the price increase higher in the market. Many investors purchased binance last two years when the price was $526 and hold till now because the price of binance is not developing any sign in this period, if the price will reach $900 before they can sell to make profits.
Agree. The current price is about $308 and it looks not to increase significantly in the near future. Moreover, we have had much bad news lately, which may drop the demand in the market. Bad news really brings big impacts on crypto prices, more negative issues mean more difficulty for the price to increase. Instead of achieving $1000, Binance price possibly drops again below $300.
I believe the price of binance will definitely hit $700 before the end of this year 2023 because the green light is preparing to remain stable through out this season.
Why do you assume BNB to hit $700 this year?
If there is no big news related to the development of BNB, I doubt if BNB will have a chance to hit $700. TBH, I don't see any green light, the market situation is still unpredictable.