Former Binance CEO Changpeng Zhao (CZ) has weighed in on the latest crypto market movements, urging investors to view any current price drop as a "dip" ahead of Bitcoin's next all-time high (ATH). In a recent post on X, CZ wrote, “Remember, by definition, everything before the next ATH is a dip,” emphasizing a long-term bullish outlook on strong crypto assets.
CZ then addressed the key question on many investors’ minds: Will there be another all-time high? According to him, only a few cryptocurrencies with solid fundamentals and long-term utility are likely to break previous records. He stressed that investors should focus on coins with staying power and real growth potential.
As of now, Bitcoin (BTC), the world’s leading cryptocurrency, is trading at $105,635—up 3.53% in the past 24 hours, according to CoinMarketCap. The latest rally adds to growing optimism among traders and institutions alike.
CZ has previously predicted that Bitcoin could surge to $1 million during the current bull cycle, though he stopped short of providing a timeline. His forecast is driven by increasing institutional adoption, broader mainstream interest, and favorable regulatory trends shaping the digital asset landscape.
His comments come at a time when the market is seeing renewed momentum, following strong inflows and heightened activity across major exchanges. For crypto investors, CZ’s message reinforces the importance of zooming out and maintaining a long-term view during short-term corrections.
The former Binance chief remains a key voice in the crypto space, and his latest remarks are likely to fuel further debate about the timing and magnitude of the next Bitcoin ATH.
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