Bitcoin Price: Binance’s CZ Claims Everything Is a Dip Before ATH
Changpeng Zhao claims any price before a new all-time high is a dip. He emphasizes the need to identify strong cryptocurrencies that will endure, as Bitcoin currently hovers around $101,370, raising questions about its future performance.
Changpeng Zhao, the former CEO of Binance, has recently commented on the current state of the cryptocurrency market, asserting that any price point prior to reaching a new all-time high should be considered a dip. This perspective, while somewhat subjective, reflects a bullish outlook on the potential for future growth in the market. During his remarks, Zhao emphasized that the real question remains whether we will indeed see another all-time high in cryptocurrency prices.
In summary, Changpeng Zhao believes that all price movements leading up to a potential new all-time high should be seen as temporary dips. He highlights the importance of identifying strong cryptocurrencies with long-term viability as we navigate current market fluctuations. As Bitcoin continues to trade around $101,370, the anticipation for a significant price increase remains palpable in the cryptocurrency community.
Original Source: u.today
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