Could This Familiar Bullish Pattern on Binance Coin (BNB) Price Chart Spark Alt Season 2025?

Many people are wondering when the next altcoin season could start and have been checking for various signals that might signal this.

Crypto analyst Master Kenobi has shared his thoughts on the next altcoin season and some interesting observations about Binance Coin (BNB).

Key Takeaways

Master Kenobi, a crypto analyst, has observed a recurring pattern in the BNB price movement, with two distinct ascending triangle patterns emerging over approximately 40 days each.

These patterns are characterized by gradual upward trends during price consolidation, typically signaling building bullish momentum.

Interestingly, these patterns seem to be recurring in a 270-day cycle, which aligns with broader market cycles like Bitcoin halvings and overall crypto market dynamics.

Examining the Relative Strength Index (RSI), a crucial momentum indicator, reveals moments where momentum shifts from bearish to bullish territory.

Master Kenobi highlights crucial moments where the RSI’s behavior, particularly its sharp rebounds from key levels, has historically coincided with significant upward price movements for BNB.

After a bullish breakout from the current ascending triangle pattern, BNB price could rally towards $460, marking a potential 30% increase from the breakout price.

Master Kenobi’s analysis suggests that a breakout in BNB could signal growing investor confidence in alternative cryptocurrencies as a whole.

While the technical setup appears promising, confirmation signals are needed. It’s worth noting that Master Kenobi includes the standard “NFA” (Not Financial Advice) disclaimer, encouraging investors to conduct their own research before making any investment decisions based on this analysis.

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