- BNB hits a record $900 and holds strong at $870 as traders eye bigger milestones with rising confidence in its long-term strength.
- Fibonacci levels and strong support at $604 show BNB’s path toward ambitious targets of $2,100, $5,000, and even $12,000 ahead.
- BNB’s bullish channel with higher highs and strong volume signals growing investor conviction in its potential to reach new heights.
Binance Coin (BNB) has ignited strong market discussions after reaching a fresh all-time high of $900 on August 24, 2025. According to crypto analyst Crypto Patel, the milestone underscores BNB’s explosive growth and raises the pressing question: can BNB eventually touch the $10,000 mark?
The surge came as BNB gained 11.14% in a single session, with trading volume exceeding 95 million USDT. Investors are now assessing historical patterns and technical signals to gauge the next phase.
Besides the recent rally, BNB currently trades at $870.36 after climbing $87.22 during the latest session. The upward move shows confidence in BNB’s long-term fundamentals and ecosystem expansion. Hence, traders see this level as more than just a short-term breakout.
Historical Growth and Key Technical Zones
BNB’s price history reflects a remarkable journey from lows near $1.41 to today’s highs. During 2021, BNB crossed $663.89 and sustained momentum through different cycles. Moreover, the coin established firm support levels that strengthened its resilience.
Source: Crypto Patel
BNB trades above the 0.5 Fibonacci retracement at $160.75, as confirmed by recent technical indicators. The 0.618 retracement at $115 also offers a substantial cushion of support. Resistance predictions at $1,879.31 and $4,538.81 are now highlighted by Fibonacci extensions, indicating bigger upside goals.
The bullish structure is secured by immediate support, which is located at $604.34. Stable demand is also supported by the ascending channel pattern, which exhibits higher lows and regular higher highs.
Future Targets and Market Outlook
The analysis identifies three major targets. TP1 sits at $2,100, marking the next significant resistance. TP2 stretches toward $5,000 while TP3 ambitiously projects $12,000.
Consequently, traders interpret these levels as realistic checkpoints in BNB’s upward journey. Additionally, moving averages provide dynamic support while volume signals robust market participation.
Market structure reveals conviction as BNB cleared multiple resistance levels that once stalled growth. Hence, the bullish outlook strengthens further.
