RoYoK
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Bullish
🪙🌏 The CEO of Binance warns about the lost gains of Bitcoin, citing the 5-year rally wake-up call.
Richard Teng highlighted the long-term value of Bitcoin in recent posts on the social platform X, citing its price gains and the financial opportunities that governments have missed.
🤔 His comments followed Bitcoin's rise to new all-time highs, renewing the focus on its global financial role.
On May 22, Teng stated: Observing Bitcoin's performance over the past few years, countries could have addressed budget deficits through strategic cryptocurrency reserves.
Even those who sold their holdings have seen the enormous missed opportunity in retrospect.
What seemed impossible in crypto just a few years ago is now normalized. This pattern repeats: the 'impossible' yesterday becomes the expected today.
I often review a 5-year BTC chart and remember conversations where brilliant minds claimed that certain price levels were unattainable.
Both Binance and former CEO Changpeng Zhao (CZ) are advising governments on cryptocurrency regulations and the creation of national digital asset reserves. While Binance provides regulatory guidance and promotes adoption, CZ independently supports countries like Pakistan and Kyrgyzstan, proposing Bitcoin and BNB for reserves and offering blockchain expertise. After Bitcoin's record surge on May 21, CZ wrote on X: "I feel sorry for those who sold at $77K. Remember to look at an annual chart instead of a 1-minute chart from time to time."
#BTCBreaksATH110K $BTC
Richard Teng highlighted the long-term value of Bitcoin in recent posts on the social platform X, citing its price gains and the financial opportunities that governments have missed.
🤔 His comments followed Bitcoin's rise to new all-time highs, renewing the focus on its global financial role.
On May 22, Teng stated: Observing Bitcoin's performance over the past few years, countries could have addressed budget deficits through strategic cryptocurrency reserves.
Even those who sold their holdings have seen the enormous missed opportunity in retrospect.
What seemed impossible in crypto just a few years ago is now normalized. This pattern repeats: the 'impossible' yesterday becomes the expected today.
I often review a 5-year BTC chart and remember conversations where brilliant minds claimed that certain price levels were unattainable.
Both Binance and former CEO Changpeng Zhao (CZ) are advising governments on cryptocurrency regulations and the creation of national digital asset reserves. While Binance provides regulatory guidance and promotes adoption, CZ independently supports countries like Pakistan and Kyrgyzstan, proposing Bitcoin and BNB for reserves and offering blockchain expertise. After Bitcoin's record surge on May 21, CZ wrote on X: "I feel sorry for those who sold at $77K. Remember to look at an annual chart instead of a 1-minute chart from time to time."
#BTCBreaksATH110K $BTC
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