Binance -founder and former CEO Changpeng zhao Have shaken the crypto community again with a new post about Bitcoin on the social media platform X (formerly Twitter). The founder, as many believe has called the top and bottom of the market different times, keeps significant turning over the market, triggers large movements. Thus, it is no surprise that his latest post, which talks about his participation in the crypto market in the past, is interpreted by many as Hausse.
Binance founder shows where the market was before
The post shared by the Crypto founder Exhibitions What looks like the price of bitcoin that sits as low as $ 4,300. He emphasizes that this was from eight years since 2017, which shows where the market was for September and what happened after.
At that time, the market looks to come out of another Baisse -like September, with Bitcoin price trade below $ 5,000. However, the next few months, which was the last quarter, proved to be Incredibly Hausse for the Bitcoin Prize.
After September ended, the month October 2017 was significantly Hausse, with the price quickly crossed the threshold of $ 5,000. Over the next few months, the Bitcoin Prize ended up with over 200%to reach a new maximum time of $ 19,000 before the bear market in 2018 began.
Community members expect a bitcoin bull drive
Although The Post from the Binance founder read: “Don’t predict the future. And don’t be too excited. A September in a past (my first) cryptocyle. Just data,” did it a bit to stop speculation that followed. So far, the tweet has collected more than 1 million views and 3,000 comments and quotes, with most predicting that the former Binancevd predicts a bull driving.
An analyst pointed out The fact that CZ had previously marked the local top and bottom and believes that the post points out the concept of seasonal emphasis on the market. With CZ that published a chart that showed the Bitcoin Prize before it went on a bull run, the analyst believes this may be the beginning of another run.
Another Community member, Stygian, claim The CZ has been the one who controlled the market up or down, and that people can see it. But another response Going towards the cereals and says that what is happening now is simply wealth transfer and not the type of rally that the retail trade expects.
Despite the conversations that the post has triggered, the market continued that trends were located, with Bitcoin that skirts around $ 113,000 at the post. With the opening of the new month, investors continue to foresee one Bullish rally for bitcoin And the entire market.
Featured image from dall.e, chart from tradingview.com
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