I think it has potential to move past $30 in 3 to 4 months time,...

I think it has potential to move past $30 in 3 to 4 months time, but not in this current environment. Will get worse before it gets better, which means there could be an opportunity to get in, so of course timing of the entry is important.

Have a look at BNB share price and the Dowjones side by side. A very reasonable mirror. If dow goes down, expect BNB to follow suit. Also notice that the dow is lower now than at the point BNB's share price dived to 19 bucks. Put 2 and 2 together. Perhaps an anomoly waiting to catch up.