Despite the $1,000 target recording a traded volume of $44,988, the 18% likelihood of $BNB rallying more than 36% in the next 76 days capitulated 46% over the past 24 hours. As a result, the conviction for this cryptocurrency rallying remained higher despite the probability capitulating.

Meanwhile, these predictors had pegged the odds at 42%, down 10% over the past 24 hours, for Binance Coin to close this year trading at $650. At press time, the $650 $BNB price target for December 31 had a reported trading volume of $1,667, thereby signaling less belief in further capitulation.

Consequently, more money is betting on $BNB price surging to $1,000 by the end of this year compared to $650, despite the odds of a rally being lower than those…