The cryptocurrency market is going through an extremely vibrant phase, as Bitcoin continuously breaks through historical peak levels (ATH - All Time High) in just a few hours. In a series of explosive price increases, BTC jumped from the $113,000–$114,000 range to $118,000–$119,000, and has now set a new ATH at $122,500 - the highest weekly closing level ever for this pioneering cryptocurrency.
CZ: "Think Long Term, Don't Just Look at the Current Price"
Amid the wave of market excitement, former Binance CEO - Changpeng Zhao (CZ) - has voiced a strategically insightful perspective, reminding the crypto community not to focus solely on the current explosion, but to always remember the long-term potential of Bitcoin.
CZ shared that: “I bought Bitcoin in 2014, and had to wait until 2017 to see BTC hit $1,000 - an ATH at that time. Now, that price is just a tiny part of BTC's journey.” He also affirmed: “The current ATH will also just be a small part of the future.”
CZ's message serves as a reminder of value for long-term investors - those who have experienced many market cycles, understand that patience and strategy are vital factors in a volatile market like crypto.
Bitcoin Leads - Altcoin Prepares to Explode Next
Not only Bitcoin makes a strong impression, but altcoins - the group of cryptocurrencies outside of BTC - are also gradually gaining more attention. Current technical analyses show that the altcoin market capitalization is approaching an important resistance area. If this area is broken, the market may enter a strong growth phase, with the potential for 20%–30% increases daily.
According to many experts, Bitcoin has maintained its upward momentum and is strengthening its role as a market leader. As BTC stabilizes at high prices, the flow of money from investors will begin to pour into altcoins, initiating altseason - a strong growth season for other cryptocurrencies.
Market Sentiment and Upcoming Expectations
The event of Bitcoin reaching a new peak is not only a price milestone, but also a strong psychological signal for the market. Investors - from retail to institutional - all sense the power of the upward trend and do not want to miss the opportunity.
The previous long correction period has allowed many people to accumulate BTC at reasonable prices. Now, they are witnessing the fruits of that patience. At the same time, with this upward momentum, many new investors will also join the market, boosting liquidity and trading volume.
Conclusion
Bitcoin is on the verge of conquering new heights, and this is just the beginning. CZ's reminders are not just personal advice but a guiding principle for sustainable investment strategies: look beyond the current price numbers, and do not let emotions influence your financial decisions.
If BTC continues to maintain its upward momentum, $130,000 may just be the next milestone in the journey towards unprecedented heights. And at that time, the altcoin wave will follow BTC, bringing many breakthrough opportunities for those who are patient and strategic.
