Former Binance CEO Changpeng Zhao has already weighed in on the current cryptocurrency market action
Former Binance CEO Changpeng Zhao has already weighed in on the current cryptocurrency market action, claiming that “everything” before the next all-time high has to be viewed as a dip by definition.
That said, the obvious question, according to CZ, is whether there will be another all-time high.
“Only a small number of strong coins will do that. Look for long-term staying power and growth potential,” he said.
According to CoinGecko data, the price of the leading cryptocurrency dipped to an intraday low of $98,467 before paring some losses.
At press time, the leading cryptocurrency is changing hands at $101,370.
As reported by U.Today, Zhao previously predicted that Bitcoin would “definitely” hit $1 million.
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