Changpeng Zhao (also known by crypto fans as CZ), who was previously in charge at Binance exchange alongside its co-founders, recently took to Twitter to clarify his earlier comments from January 14 regarding Bitcoin, purchasing during market dips, expressing regrets for not doing so, and addressing the FUD (Fear, Uncertainty, Doubt).
In simpler terms, his tweet was posted when Bitcoin, the leading digital currency globally, hit $103,000 in value, climbed further over $105,000, and subsequently experienced a slight pullback.
In my analysis from the post on January 14th, I didn’t mean “today” as referring to that particular day. Instead, I used it as a general term implying an earlier stage than any days yet to come. Remarkably, the short-term charts happened to align with this perspective, which might seem coincidental. Keep in mind, this isn’t financial advice. 😄
— CZ 🔶 BNB (@cz_binance) January 18, 2025
CZ clarifies his post about new Bitcoin opportunities
On January 14th, Changpeng Zhao chose to provide more details about his previous post on a social media platform – he had earlier expressed to the community about the numerous prospects in the cryptocurrency market, despite its current pricing.
He inquired of his audience if they had ever felt remorse for not purchasing Bitcoin during its dip, not buying it initially, and disregarding FUD (Fear, Uncertainty, Doubt). At that specific moment, Bitcoin was trading above $94,000 and managed to surpass $97,000 by the end of the day. Implying that today’s opportunities are as abundant as they were when Bitcoin first began its triumphant market journey, CZ expressed that “Today is earlier than all the days yet to come.
In the tweet he posted today, Zhao clarified that his January 14th post wasn’t referring to that specific date when he used the term “today.” Instead, it was a broader statement. He playfully noted that even short-term Bitcoin price charts supported this claim, as the value was lower on that day. To back up his argument, Zhao shared an image of a Bitcoin price chart from CoinMarketCap, which showed Bitcoin spiking above $103,500 earlier today.
On January 16th, CZ shared his perspective regarding the altcoin market via a tweet, stating: “The benefits for Bitcoin apply to altcoins as well.
At the time of this writing, Bitcoin is changing hands at $102,760 per coin.
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2025-01-18 11:01