Биткоин можда неће повратити свевременски максимум још две године, Бинанце генерални директор

Bitcoin has recovered above $20,000 but since then, there has not been any significant upward movement. This has led to speculations on whether the digital asset would be able to reclaim its all-time high in the near future. Binance CEO, Changpeng Zhao, has weighed in and shared his thoughts on this debate, and according to the CEO, such recovery should not be expected anytime soon.

Another Couple Of Years For ATH

У недавном извештај, the CEO of the world’s largest crypto exchange Binance has shared some rather bearish sentiments for the short-term for bitcoin. The digital asset which had touched $69,000 in November last year has been unable to recover to that point and Zhao has explained that such recovery will not be taking place anytime soon.

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The exchange founder said that after dropping so much from its all-time high, it would take some time for the market to see such prices again. “I think given this price drop, from the all-time high of 68k to 20k now, it will probably take a while to get back,” the CEO said. “It probably will take a few months or a couple of years.”

However, it is not all grim given that the price today would have been highly welcomed four years ago, the founder said. An example is when bitcoin had reached its peak last cycle, almost touching $20,000. Investors had rejoiced at this price before the market had retraced into a bear market.

„Мислимо да је 20 хиљада данас веома мало. Али знате, 2018, 2019, када бисте рекли људима да ће биткоин бити 20 хиљада 2022, они би били веома срећни. У 2018/19, биткоин је био 3,000, 6,000 долара.

БТЦ почиње још један тренд опоравка | Извор: БТЦУСД на ТрадингВиев.цом

Битцоин на графиконима

The cryptocurrency Bitcoin has been on the rise lately. After touching as low as $17,600, the current price point has provided a much-needed reprieve for investors. However, as the market is balancing out, more bearish indicators are beginning to emerge.

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Confidence in bitcoin has dropped over the last couple of weeks as investor sentiment had taken a massive blow. Additionally, bitcoin had gone on to close another week in the red, marking more red closes so far for the year than green closes. As such, it has given bears a stronger hold over the market, especially in the short term.

The sell-offs which continue to rock the market still threaten its position above $20,000. As such, it has been unsuccessful when trying to break the $21,2176 resistance point. However, there is support brewing at the $20,090 level, showing that bulls do not plan to go down without a fight.

Истакнута слика са ЦНБЦ -а, графикон са ТрадингВиев.цом

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