Since Binance delisted Bytecoin BCN, the price fell pretty majorly. It seems to have found a new lower happy place, or is the price just in limbo while people wait to see if it gets relisted?
Bytecoin BTC seems pretty optimistic about being relisted, and if that happens there's some great gains to be made. But what are the odds that Binance would say "Oops, we're sorry. Here's your listing back." Hey, it could happen!
The price has been unchanging for about a week now, which tells me that the worst may be over... But a relist would be the best possible outcome. Bytecoin BCN would definitely see a pump and may find a new home higher than where it was pre-delist.
If the exodus is over, then there's nothing to lose... Unless Poloniex or someone else decides to delisted.
But if there's a relist, then there's much to gain.
I bought in at this new low point (buy the rumor of a relist), and I'll sell if it kisses and makes up with Binance (sell the fact).
My prediction... It holds steady where it is.
My hopes... Relisted!!!
What are your thoughts?
