Analyst Bluntz predicts $BNB will rally 70%, reaching at least $1,000, using Elliott Wave theory.

$BNB is trading at $700, just below its all-time high of $710.

Bluntz believes the bearish trend for the ETH/BTC pair has ended.

ETH is trading at 0.05358 BTC ($3,802) and is expected to make a big upward move soon.