BNB Update: Is $700 on the Horizon or Bearish Waters Ahead?

The daily chart for BNB lacks the momentum and is lingering around $594.

A bullish Bitcoin can push BNB through this key daily resistance, however a reversal in BTC.D will be a game changer for Binance Coin and we will see the next bullish rally towards $700.

A n inability to break through $594 will lead to a weakness with a bearish momentum targeting $543.