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You can also read this news on COINTURK NEWS: <a href="https://en.coin-turk.com/insights-on-cryptocurrency-trends-bitcoin-and-altcoins/" data-wpel-link="internal">Insights on Cryptocurrency Trends: Bitcoin and Altcoins</a> 
In the realm of cryptocurrencies, <a href="https://coin-turk.com/bitcoin-fiyat-analizi-ve-yorumlar-uzman-analistlerin-btc-beklentileri" data-wpel-link="internal">Bitcoin</a>‘s fall below $63,000 has triggered a market downturn, with altcoins following suit. As investors’ patience wears thin post-halving, expectations of a bullish market continue to grow. Meanwhile, an analyst has commented on a notable <a href="https://coin-turk.com/cardano-yine-piyasanin-%20tersini-yapiyor-adada-kritik-noktalar" data-wpel-link="internal">altcoin</a> and another high-volume altcoin, marking significant trends in the period. 
<h2 style="text-align: justify" id="ton-coin-s-promising-outlook">TON Coin’s Promising Outlook</h2> 
A leading market analyst has expressed a bullish outlook on Toncoin (TON). 
Loma, a prominent analyst, stated on the social media platform X to thousands of users that he intends to buy TON at around $5, highlighting the potential of the layer-1 crypto project Toncoin’s native token. 
<blockquote> 
 “I’m building a TON position as I look for a buy zone. I’ll complete the position in the buy area.” 
 “Any acceptance below this could mean it’s time to reduce size or exit completely because I might be wrong.” 
 “Many cryptocurrencies, regardless of value, look similar; choose your poison. I don’t think it makes much sense to be overly bearish at high timeframe market structure pivots.” 
</blockquote> 
<img loading="lazy" loading="lazy" decoding="async" class="aligncenter size-full wp-image-345930" src="https://coin-turk.com/wp-content/uploads/2024/04/ton-ustu-coin-turk-com.png" alt="" width="574" height="255"> 
As of writing, following a 5% decline, TON continues to find buyers at $5.25, while its market cap has fallen to $18.2 billion and its trading volume has decreased by 14% to $123 million. 
<h2 style="text-align: justify" id="bnb-coin-outlook">BNB Coin Outlook</h2> 
According to another statement by Loma, <a href="https://en.coin-turk.com/binance-ceo-dismisses-rumors-about-bitcoin-sale-amid-market-rumblings/" data-wpel-link="internal">BNB</a>, the native token of the BNB Chain ecosystem, is likely embarking on a journey to new all-time highs. 
<blockquote> 
 “<a href="https://en.coin-turk.com/binance-lists-tia-coin-on-mainnet-what-does-it-mean-for-investors/" data-wpel-link="internal">Binance</a> Coin has already erased all its downward movement. Quarterly burns. Negative funding. If you’re waiting for Solana, Ethereum, and the rest to do this, I see no reason why it shouldn’t reach new ATHs.” 
</blockquote> 
<img loading="lazy" decoding="async" loading="lazy" class="aligncenter size-full wp-image-345931" src="https://coin-turk.com/wp-content/uploads/2024/04/bnb-ustu-gizli-coin-turk-com.png" alt="" width="572" height="255"> 
The analyst referred to multiple bullish factors, naming BNB a dark horse among major cryptocurrencies, and commented: 
<blockquote> 
 “I think <a href="https://en.coin-turk.com/bnb-coin-sees-buying-surge-as-bitcoin-breaks-52000/" data-wpel-link="internal">Binance Coin</a> is a live dark horse for the majors.” 
 <ul> 
 <li>Looks good structurally in both USD and <a href="https://coin-turk.com/aman-dikkat-zombi-projeler-bitcoin-ve-altcoinleri-engelleyebilir-mi" data-wpel-link="internal">BTC</a> pairings.</li> 
 <li>Typically hedged against spot assets by larger whales due to negative funding.</li> 
 <li>Short to medium term exempt from SEC pressure.</li> 
 </ul> 
 “I have a bag.” 
</blockquote> 
As of writing, the price of BNB stands at $591, representing a 2% decrease. 
<h5>The post first appeared on COINTURK NEWS: <a href="https://en.coin-turk.com/insights-on-cryptocurrency-trends-bitcoin-and-altcoins/" data-wpel-link="internal">Insights on Cryptocurrency Trends: Bitcoin and Altcoins</a></h5>

Insights on Cryptocurrency Trends: Bitcoin and Altcoins

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