Sunday, January 24, 2021

CZ Binance: I Am Always Bullish about Bitcoin (BTC)

The CEO of Binance, Changpeng Zhao, popularly known as CZ, has recently reiterated his bullishness about the dominant digital currency in the market, Bitcoin (BTC).

CZ sometimes gets the opportunity to profess his support for Bitcoin (BTC). He, at times, shares his opinion regarding the price and the prospect of the digital currency.

Also, he sometimes faces criticism for his support for the cryptocurrency, due to the position he occupies in the largest crypto exchange by trading volume, Binance.

Some crypto pundits had once called him out for appearing like a Bitcoin maximalist, but he hasn’t allowed any of these to dissuade him, as he continues to throw his weight behind Bitcoin (BTC). Also, he once stated that he will not let Bitcoin go to zero.

Between CZ Binance and a Hired FUD Spreader

Some hours ago, CZ Binance took to Twitter to hint the crypto community about his conversation with a personality who was hired by a crypto exchange that sees Binance as a competitor.

According to CZ’s account, the person was purposely hired to spread the message “when CZ is bullish, bitcoin will drop”. However, he said the person quit the job after a day.

Conclusively, CZ reiterated his bullishness about Bitcoin (BTC), claiming that he has never had a bearish day in relation to the cryptocurrency.

He wrote:

“Just interviewed someone who joined a Chinese exchange that views Binance as a competitor. He was put in a team whose only job is to spread the message “when CZ is bullish, bitcoin will drop”. He quit after a day. And I am bullish all the time, never a bearish day.”

Bitcoin (BTC) Signals Price Uptrend Consolidation

The market seems favorable for Bitcoin (BTC) over the past few days, as the much-anticipated halving counts down. The price of the digital currency has been stable above $7,500 resistance level, which is a good signal for a possible price uptrend consolidation.

Many crypto enthusiasts await a favorable post halving scenario. At the time of filing this report, BTC is trading at $7,713.35, with a 1.17% price increase in the last 24 hours.

Tobi Loba
Tobi-Loba is a creative and an award-winning writer with over 5 million readers from all over the world. She has B.A in English and Literature from a reputable University and currently studying for her M.A in the same field. She recently became a contributor at Herald Sheets in order to satisfy her thirst in reporting crypto and blockchain occurrences, the interest she built over the years.

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