Binance Co-Founder CZ Warns Traders of Bitcoin Price Heading for New High
In a recent post on X, Binance co-founder Changpeng CZ Zhao advised community members:
Investors not to get greedy as Bitcoin (BTC) price continues to rise His statement comes amid a broad-based rally in the cryptocurrency market, which saw Bitcoin hit an all-time high (ATH) of nearly $78,000.
CZ and Participation in Bitcoin and Cryptocurrencies
Although he no longer heads Binance as CEO of the leading exchange, CZ is still connected to his background in cryptocurrencies.
The crypto scene looks very promising at the moment with most digital assets including Ethereum (ETH) achieving
And (Solana (SOL and others) made huge profits. As a person who was
In the industry long enough. Changpeng Zhao believes that
Investors should be cautious as it is believed that the time has come.
Now to practice proper risk management measures in their trading.
He made sure to mention that the market could still go sideways. Either to a lower level or higher. Therefore, investors should diversify their investment portfolios and avoid losing money due to their greed.
