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BounceBit @bounce_bit ($BB) Market Outlook – Accumulation or Breakout?
Current Price: $0.1344
ATH: $0.8654 (-84% from peak)
Market Cap: ~$67M
Circulating Supply: 503.28M BB (Only 24% of total supply)
Key Metrics to Watch:
BTC Correlation – A Bitcoin rally could ignite altseason, pushing $BB higher.
Ecosystem Growth – New developments & staking rewards may drive adoption.
Supply Unlocks – Future token releases could impact price action.
Price Scenarios:
Bullish Case: Break key resistance at $0.20, targeting $0.50 - $1 in a strong market.
Bearish Case: Failure to hold support near $0.12 may lead to a retest of lows.
Is this the accumulation zone before the next big move?
#BounceBit BB #Crypto Altcoins #Bitcoin $BB