CZ Feels ‘Sorry’ for Those Who Sold Bitcoin at $77K
Binance founder CZ says he feels "sorry" for those who sold Bitcoin at $77,000 as BTC continues to show strength.
- CZ expresses regret for those who exited Bitcoin at $77K.
- His comment reflects confidence in Bitcoin’s future growth.
- BTC continues to gain traction despite recent volatility.
CZ’s Take on Bitcoin Sellers at $77K
Binance founder Changpeng Zhao, popularly known as CZ, recently shared his thoughts on Bitcoin’s price action, expressing sympathy for those who sold the asset when it hit $77,000. The remark came during a post that quickly caught attention in the crypto community. While $77K was seen as a high at the time, CZ’s words suggest he believes Bitcoin still has a long way to go in terms of value.
Bitcoin’s Bullish Momentum Persists
Bitcoin reaching $77,000 marked a historic high, but many investors opted to cash out at that level, fearing a reversal. However, CZ’s comment hints that he sees this price point as just a stepping stone rather than the peak. His perspective is shared by many long-term Bitcoin believers who see the current bull cycle as part of a larger trend, driven by institutional adoption, limited supply, and macroeconomic shifts.
Recent price movements and resilience despite economic uncertainty indicate strong demand. CZ’s message adds a psychological layer—suggesting that those who sold might be experiencing regret as BTC continues to climb or hold firm in the upper range.
Community Reactions and Market Sentiment
CZ’s statement resonated across social platforms, with many in the community echoing his sentiment. Long-term holders (HODLers) took it as validation, while short-term traders were reminded of the dangers of emotional decision-making in crypto markets. The underlying message is clear: patience often pays in Bitcoin investing.
While no one can predict prices with certainty, CZ’s view reinforces the notion that Bitcoin could still be undervalued even near its all-time highs, especially considering long-term potential and network effects.
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