Will BNB price reach $1,000 by December?

As of now, BNB trades at approximately 896.61 USD, indicating strong support from a double bottom pattern suggesting buyers are stepping in. A sustained movement above 900 USD is vital to maintain a bullish outlook.

There exists a substantial liquidation cluster around 1,020 USD, indicating that further upward pressure on BNB could occur if short positions are forced to cover. The successful breakout from a falling wedge pattern also adds to the bullish sentiment.

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