{"id":14093,"date":"2025-10-23T07:44:22","date_gmt":"2025-10-23T07:44:22","guid":{"rendered":"https:\/\/bitunikey.com\/news\/will-bnb-price-crash-as-it-confirms-a-bearish-double-top-pattern\/"},"modified":"2025-10-23T07:44:28","modified_gmt":"2025-10-23T07:44:28","slug":"will-bnb-price-crash-as-it-confirms-a-bearish-double-top-pattern","status":"publish","type":"post","link":"https:\/\/bitunikey.com\/news\/will-bnb-price-crash-as-it-confirms-a-bearish-double-top-pattern\/","title":{"rendered":"Will BNB price crash as it confirms a bearish double top pattern?"},"content":{"rendered":"<div class=\"post-detail__content blocks\">\n<p class=\"is-style-lead\">BNB price confirmed a bearish double top pattern, right before it grabbed headlines with major exchange listings. Will the token continue its ongoing losses, or could the renewed investor buzz from these listings spark a trend reversal?<\/p>\n<div id=\"cn-block-summary-block_1ef08a5b6955f59197652bfb06567c19\" class=\"cn-block-summary\">\n<div class=\"cn-block-summary__nav tabs\">\n        <span class=\"tabs__item is-selected\">Summary<\/span>\n    <\/div>\n<div class=\"cn-block-summary__content\">\n<ul class=\"wp-block-list\">\n<li>BNB price is down over 20% from its all-time high.<\/li>\n<li>Robinhood and Coinbase have listed BNB, and Polymarket has expanded to BNB Chain.<\/li>\n<li>Technical indicators remain largely bearish in the short-term with subtle signs of relief.<\/li>\n<\/ul><\/div>\n<\/div>\n<p><!-- .cn-block-summary --><\/p>\n<p>According to data from crypto.news, BNB (BNB) has dropped 8% over the past 7 days and 20.7% from its all-time high of $1369.99 reached on Oct. 13. Trading at $1,087 at the time of writing, the token has gained nearly 2% after it secured a listing on multiple high-profile exchanges.<\/p>\n<p>Notably, the U.S.-based popular trading platform Robinhood listed BNB on Wednesday, Oct. 22, giving the token broader exposure to retail investors across the U.S. Just a day later, Coinbase, the largest crypto exchange in the U.S., also added support for BNB.<\/p>\n<p>Listings on top-tier platforms like Robinhood and Coinbase typically tend to spark renewed community interest, elevate a token\u2019s visibility, and boost its perceived credibility.\u00a0<\/p>\n<p>    <!-- .cn-block-related-link --><\/p>\n<p>At the same time, leading decentralized predictions market Polymarket has <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/x.com\/Polymarket\/status\/1981032997403914509\" target=\"_blank\" rel=\"nofollow\">expanded<\/a> to the BNB Chain, and the integration is expected to offer a more cost-effective and efficient experience for users, which can drive increased liquidity for BNB and strengthen BNB Chain\u2019s decentralized finance ecosystem.<\/p>\n<p>Although BNB price may continue to experience price swings in the short term, especially given the broader market\u2019s bearish tone amid ongoing macroeconomic uncertainty, these recent developments have helped create a strong bullish narrative underneath, which could gradually unfold into a sustained recovery once market sentiment improves.<\/p>\n<h1 class=\"wp-block-heading\">BNB price analysis<\/h1>\n<p>For now, the short-term outlook remains tilted towards the bearish side, especially as BNB has confirmed a textbook double top pattern on the 4-hour chart. Traders view this as a bearish reversal pattern, which typically precedes a deeper correction.<\/p>\n<figure class=\"wp-block-image size-full\"><figcaption class=\"wp-element-caption\">BNB price has confirmed a double-top pattern on the 4-hour chart \u2014 Oct. 23 | Source: crypto.news<\/figcaption><\/figure>\n<p>The two peaks formed near the $1,351 mark, each showing strong rejection wicks at the highs that point to buyer exhaustion. The neckline of the pattern sits at $1,087, and as of press time, BNB was trading right at that level, leaving it highly prone to volatility.<\/p>\n<p>As of press time, BNB price was trading at he neckline level, making it highly prone to volatility.\u00a0<\/p>\n<p>BNB\u2019s moving averages also add to the bearish bias. The 50-day moving average is closing in on the 200-day, setting up a possible death cross, a signal that in past cycles has marked prolonged declines<\/p>\n<p>However, momentum indicators paint a slightly different picture. The MACD line has crossed above the signal line, hinting at a subtle shift in momentum toward buyers, even though it doesn\u2019t confirm a full reversal. The RSI has also climbed above the neutral 50 threshold, lending some support to the short-term recovery view.<\/p>\n<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"1827\" height=\"888\" src=\"https:\/\/bitunikey.com\/news\/wp-content\/uploads\/2025\/10\/1761205462_658_Will-BNB-price-crash-as-it-confirms-a-bearish-double.webp.webp\" alt=\"BNB price, MACD, and RSI chart.\" class=\"wp-image-14427850\"><figcaption class=\"wp-element-caption\">BNB price, MACD, and RSI chart \u2014 Oct. 23 | Source: crypto.news<\/figcaption><\/figure>\n<p>For now, $1,037, which aligns with the 23.6% Fibonacci retracement level, acts as the immediate support level for BNB. A drop below it could lead to a free fall to $824, a target measured by subtracting the height of the double-top formed from the levels at which it confirmed the pattern. As such, the target lies 24% below the current price when writing.<\/p>\n<p>However, if BNB bulls can push the price above $1,111, the 50-day SMA with strong volume, it could invalidate the bearish setup and open the door for a potential move toward $1,150, the next key psychological resistance level on the chart.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p>\n<div class=\"cn-block-disclaimer\">\n<div class=\"cn-block-disclaimer__icon\">\n            <svg class=\"icon icon-info\" aria-hidden=\"true\"><use xlink:href=\"#icon-info\"><\/use> <\/svg>        <\/div>\n<p class=\"cn-block-disclaimer__content\">\n            Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.        <\/p>\n<\/p><\/div>\n<p><!-- .cn-block-disclaimer --><\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>BNB price confirmed a bearish double top pattern, right before it grabbed headlines with major exchange listings. Will the token continue its ongoing losses, or could the renewed investor buzz&hellip;<\/p>\n","protected":false},"author":1,"featured_media":2662,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-14093","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency"],"_links":{"self":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/14093","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/comments?post=14093"}],"version-history":[{"count":1,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/14093\/revisions"}],"predecessor-version":[{"id":14094,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/14093\/revisions\/14094"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media\/2662"}],"wp:attachment":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media?parent=14093"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/categories?post=14093"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/tags?post=14093"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}