With the price of Bitcoin, 22% reduced from its historical maximum, there is an intense speculation about whether the cryptographic upward market is over.
The co -founder of Binance and former CEO Changpeng “CZ” Zhou has given his opinion on the debate.
CZ believes that this correction is aligned with the typical remote remote markets instead of the end of the upward market.
CZ believes that the upward market has not finished
Binance co -founder responded to a mail In X of the influencer thousands Deutscher, who said that Bitcoin’s price action is overflowing with its trajectory in previous cycles.
CZ shared a modified version of the table, marking the significant mid -cycle casualties in previous bullfights.
Its response implies that current correction can be a temporary setback instead of the end of the upward market. If your projection is precise, a parabolic rally of Bitcoin could be the following.
In Another publicationCZ states that falls are part of free markets. He advised investors to reduce the size of their positions if they are concerned about current solidity.
On the contrary, Zhou argues that Bitcoin is not only another investment, but a key part of a “change of world vision” for him.
In another publication, CZ reaffirmed his confidence in the long -term growth trajectory of Bitcoin, which resorts with humor, “waiting for the new headline: #bitcoin ‘star’ from $ 1,001,000 to $ 985,000. Save the tweet.”
This is an extension of its December 2020 position, where it accurately projected that Bitcoin would eventually correct from $ 101,000 to $ 85,000.
How high Bitcoin can arrive in 2025?
Zhou’s comments align with the key indicators that also suggest that the scope crypto market is not over.
In particular, the Global M2 money supply, which has a strong correlation with BTC, indicates that the price of Bitcoin will probably turn to $ 74K – $ 75K. In addition, prominent macroecnomists like GMI’s Julien Bittel To affirm that the Global M2 could expand in almost $ 4 billion at the end of Donald Trump’s second mandate.
If it is true, this could take the price of Bitcoin to $ 150K by the end of 2025 or 2026 Q1.
Smart money investors are buying sauce
Smart money investors are already buying the BTC DIP, preparing for the possibility that the price of Bitcoin does not immerse yourself in the $ 74K- $ 75K region, leaving many marginalized.
Solana’s ecosystem also shows strength. Sun and Dogwifhat increase by 8% and 10%, respectively, in the last 24 hours.
A new meme solana coin, Abrexy (Solx)It also has a great demand and has raised almost $ 24 million in its ICO.
Solx had drawn the attention of whales since the beginning of their presale, and many early buyers invested six figures in the meme currency.
Smart money investors are impressed with the long -term viability of the project, a rarity in the Solana Meme coin ecosystem. After all, Abrexy is the first prominent solar layer 2 chain designed to address the congestion of the heavy network that Sol experiences during heavy traffic periods.
Armed with zero knowledge tests, a deterministic sequencer and data availability tools such as Celestia, Abrexy promises zero inactivity time, exponential scalability and rapid and cheap transactions in both chains.
With a current valuation of only $ 24 million, it is not a surprise that investors believe that Solx is very undervalued. Several of the first buyers are seeing it as the following cryptography of 100 times.
