With the price of bitcoin by 22 % of its highest level ever, there is severe speculation regarding whether the Crypto Bull market has ended.
The co -founder of Binance and former founder CEO CHOGPING “CZ” has now gave the discussion.
CZ believes that this correction is in line with the model market recovery in the bull market instead of the end of the bull market.
CZ believes that the emerging market has not yet ended
The co -founder of Binance responded to a mail On the X Miles Deutscher, which claimed that Bitcoin’s action is to ski from its course in previous sessions.
CZ shared a modified version of the scheme, which represents significant declines in the middle of the cycle in the previous bull runs.
His response indicates that the current correction may be a temporary setback instead of the end of the bull market. If its drop is accurate, the Bitcoin gathering may be the next equivalent.
in Another functionCZ claims that the declines are part of the free markets. Investors advised to reduce their positions if they are concerned about the current decline.
On the contrary, Zhu argues that Bitcoin is not just another investment, but it is a major part of the “global vision” for him.
In another publication, Chic Chic Stores confirmed his confidence in the long -term growth path for Bitcoin, taking into account the spirit of humor, “awaiting the new title: #Bitcoin” disruption “from $ 1001,000 to $ 985,000. Keep a tweet.
This is an extension of his work in December 2020, where he expected that Bitcoin will eventually correct from $ 101,000 to $ 85,000.
How high Bitcoin rise in 2025?
Zhou’s comments are in line with the main indicators that also indicate that the Crypto Bull market has not yet ended.
In particular, the M2 Money Supply, which has a strong relationship with BTC, indicates that the price of Bitcoin is likely to be from 74 thousand dollars – 75 thousand dollars. Moreover, prominent colleges doctors such as GMI’s Julian Beetle A claim that the global M2 can expand about $ 4 trillion by the end of Donald Trump’s second state.
If this is true, this may lead to the price of bitcoin to $ 150,000 by the end of 2025 or 2026 Q1.
Investors make smart money purchasing DIP
Smart money investors are already purchasing BTC Dip, and are preparing for the possibility of Bitcoin’s price not to decline to a $ 74,000-75 thousand dollar region, leaving many exhaustion.
Solana Ecosystem also shows strength. Sol and DogwFhat are 8 % and 10 %, respectively, over the past 24 hours.
Solana Mimi new currency, Solaxy (Solx)In the increase in demand and almost $ 24 million in ICO.
SOLX has acquired the attention of whales since the beginning of before, as many first buyers have invested six numbers in Meme.
Investors in smart funds admired the long -term feasibility of the project, which is rare in the Solana Meme Coin system. After all, Solaxy is the first prominent Solana Layer-2 designed to treat the heavy network congestion that Sol tests during dense traffic periods.
Armed with zero cognitive evidence, inevitable sequence tools and data availability tools such as Celestia, Solaxy is a time of disruption, and the ability to expand SIS and fast and cheap transactions on both chains.
With a current evaluation of only $ 24 million, it is not surprising that investors believe that Solx is less than its value. Many of the first buyers consider this as the next 100x encryption.
