Changpeng Zhao "It's unfortunate for those who sold Bitcoin at 77k... Look at the yearly chart instead of the minute chart"
Minseung Kang
Summary
- Changpeng Zhao, former Binance CEO, advised looking at the long-term trend rather than short-term movements in Bitcoin investment.
- He expressed regret for investors who sold Bitcoin at $77,000, emphasizing a long-term approach.
- Bitcoin drew attention by recording an all-time high of $111,880 on Binance.
Changpeng Zhao (CZ), former CEO of Binance, advised looking at the long-term trend rather than short-term movements when investing in Bitcoin (BTC).
On the 22nd, CZ stated on X (formerly Twitter), "It's unfortunate for those who sold Bitcoin at $77,000," and added, "Sometimes, look at the yearly chart instead of the minute chart." This reaffirms his stance that Bitcoin investment should be approached from a long-term perspective.
Meanwhile, on this day, Bitcoin recorded an all-time high of $111,880 on Binance.
Minseung Kang
minriver@bloomingbit.ioBlockchain journalist | Writer of Trade Now & Altcoin Now, must-read content for investors.
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