BNB Mimics Bitcoin’s Breakout Pattern, Targets $1,200 as Institutional Interest Drives Gains

Binance Coin (BNB) is mirroring Bitcoin’s historic breakout pattern, with analysts predicting a potential rally to the $1,200 level. This follows institutional interest in BNB, fueled by its adoption as the primary reserve asset for CEA Industries, marking one of the largest U.S.-listed BNB treasury firms. Analysts are seeing parallels between BNB’s current trajectory and Bitcoin’s past bull cycle, suggesting a similar breakout pattern is unfolding.