Binance Founder CZ says "hope you bought the dip."
Binance founder Changpeng Zhao, aka CZ, recently tweeted "Hope you bought the dip" with a laughing emoji, sparking speculation about a potential crypto market rebound. This comment comes after Bitcoin surged over 8% in the past week, reaching around $94,760, and the global crypto market cap hit approximately $3 trillion.
CZ's tweet has fueled debates among traders, with some interpreting it as a hint at an impending rally, while others see it as a lighthearted remark. Some followers jokingly responded, asking if a dip even occurred or if they had funds left to invest. CZ playfully acknowledged the challenge of buying dips when already fully invested in crypto.
Market Impact:
Bitcoin's Price Movement: Bitcoin's recent price surge has been accompanied by a 10.6% weekly uptick, outperforming traditional assets like gold and the S&P 500.
Expert Predictions: Some analysts predict Bitcoin could reach $102,500 or even $109,000, citing technical indicators and growing momentum.
Market Sentiment: CZ's comment has reignited optimism, but experts caution that macroeconomic factors like tariff policies and geopolitical events could influence market momentum.#BinanceHODLerLA $BTC