33rd BNB Burn Complete: Can the Token Hit a Fresh All-Time High Soon?

What happens when over $1.66 billion worth of token is wiped out of existence in a single event? The answer lies in the 33rd BNB burn, a strategic deflationary move by the Foundation that destroyed 1,441,281.413 tokens, reducing the circulating supply to 137,738,379.26 token. As traders speculate on its next move, all eyes are on the price prediction and whether this major burn could reignite its bullish rally.

Understanding the 33rd BNB Burn and Its Impact

The Foundation’s 33rd quarterly burn is part of the project’s Auto-Burn system, designed to gradually reduce the total supply to 100 million tokens. Unlike manual burns, the Auto-Burn mechanism adjusts the amount based on BNB’s price and the number of blocks generated on the BSC during each quarter—ensuring a predictable and transparent token reduction process.

Source: CryptoDiffer

This deflationary model reinforces scarcity, a fundamental factor in long-term price appreciation. Each event brings the token closer to its capped supply, creating upward pressure on value while demonstrating Binance’s continued commitment to ecosystem sustainability and holder confidence.

Why Is BNB’s Price Up Today?

Market data reveals a direct reaction to the burning event. At press time, it trades at $1,154.94, marking a 2.53% gain in 24 hours, with a 24-hour trading volume of $3.81 billion. Earlier this month, the token had dipped near $1,000, only to recover sharply and retest levels above $1,160.

Source: CoinMarketCap

On October 13, It reached its all-time high of $1,370.55, and analysts suggest that renewed momentum could soon test those highs again.

BNB Price Prediction: Can Bulls Maintain Momentum?

On the 4 hour chart the token is trading into a rounding pattern. The Relative Strength Index (RSI) at 55.31 signals neutral momentum, while the MACD indicator shows fading bearish signals and an emerging bullish crossover—early signs of potential upward continuation.

Source: TradingView

Short-Term (1–2 weeks): It may face resistance between $1,200–$1,250, with immediate support at $1,100. If bulls maintain price action above $1,150, a short rally toward $1,280 is probable.

Medium-Term (1–3 months): A consistent buying trend could push it to $1,350–$1,400, reclaiming its previous high. However, any dip below $1,000 might trigger a correction toward $900.

Long-Term (6–12 months): Its deflationary supply model, coupled with strong on-chain utility across BSC, and Greenfield, supports a bullish long-term outlook. A breakout above $1,400 could pave the way toward $1,700–$2,000, aligning with overall market recovery.

Conclusion

The 33rd BNB burn is more than a symbolic act—it’s a calculated step in Binance’s deflationary roadmap. By permanently removing over $1.6 billion worth of tokens, it reinforces scarcity and investor trust. As market indicators turn favorable, price prediction trends bullish, suggesting that the burn’s impact could ignite the next leg of the rally.

Disclaimer: This article is for informational purposes only, not to be considered as financial advice. Do your own research before investing.