U.Today – Changpeng Zhao, known to crypto fans as CZ, the co-founder and former head of the Binance exchange, posted a tweet to clarify his January 14 X post about buying the dip and regretting not doing so with him and FUD.
His tweet came as the world's leading cryptocurrency Bitcoin crossed the $103,000 price level and then went on to overcome $105,000 before facing a small rebound.
CZ explains his post about new Bitcoin opportunities
Changpeng Zhao has decided to clarify the post he made on social media platform X earlier this week – on January 14. At the time, CZ shared a piece of advice with the community regarding the massive opportunities the cryptocurrency market offers regardless of the current price.
He asked his followers if they ever regretted not buying low Bitcoin, not buying early and not ignoring FUD. On that day, Bitcoin first traded above $94,000, and by the end of the day it managed to surpass $97,000. He hinted that the opportunities are now as wide and abundant as they were when Bitcoin began its glorious march in the market. “Today is older than all the days to come,” CZ said.
In the tweet posted today, Zhao made sure everyone understood his January 14 post correctly. He said that when he talked about “today” at the time, he was not referring to that particular day, but rather “it was a generalization.” He then jokingly added that “even the short-term charts agree with it,” hinting at a decline in the price of Bitcoin that day. To prove his point, CZ posted a screenshot of a Bitcoin chart from CoinMarketCap showing BTC rising above $103,500 earlier today.
On January 16, CZ also offered his view on the altcoin market, tweeting: “What is good for Bitcoin is good for altcoins.”
At the time of this writing, Bitcoin is trading at $102,760 per coin.
