Ex-Binance CEO CZ Updates His Recent Bitcoin Statement as BTC Tops $105,000

Published 01/18/2025, 03:52 PM
Updated 01/18/2025, 07:15 PM
© Reuters Ex-Binance CEO CZ Updates His Recent Bitcoin Statement as BTC Tops $105,000
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U.Today - Changpeng Zhao, commonly known to crypto enthusiasts as CZ, a co-founder and former boss of the Binance exchange, has published a tweet to clarify his X post of Jan. 14 about Bitcoin, buying the dip, regrets about not doing it and the FUD.

His tweet came out as the world’s flagship cryptocurrency Bitcoin surpassed the $103,000 price level and then went on to overcome $105,000 before facing a small rebound.

CZ clarifies his post about new Bitcoin opportunities

Changpeng Zhao decided to clarify the post he published on the X social media platform earlier this week — on Jan. 14. Back then, CZ shared a tip with the community regarding the vast opportunities offered by the crypto market regardless of the current price.

He asked his followers whether they had ever regretted not buying the Bitcoin dip, not buying early and not ignoring FUD. Back on that day, Bitcoin first traded above $94,000 and by the end of the day it managed to overcome $97,000. He hinted that now the opportunities are as wide and plentiful as when they were when Bitcoin only started its glorious march on the market. “Today is earlier than all the days to come,” CZ stated.

In the tweet published today, Zhao made sure everyone understood his Jan. 14 post correctly. He said that when speaking about “today” then, he was not referring to that particular day but “it was a generalization.” He then jestingly added that “even the short-term charts aligned with it,” hinting at the lower Bitcoin price on that day. To prove his point, CZ published a screenshot of a Bitcoin chart from CoinMarketCap which shows BTC surging above $103,500 earlier today.

On Jan. 16, CZ also offered his view on the altcoin market, tweeting: “What’s good for Bitcoin is good for alts.”

At the time of this writing, Bitcoin is changing hands at $102,760 per coin.

This content was originally published on U.Today

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