Changpeng Zhao, CEO of Binance, is the voice of reason when he says that bitcoin may take a few months to a couple of years to get back to all-time-highs. However, he also thinks that the current price of just above $20k, is very low.
CZ told the UK-based ຜູ້ປົກຄອງ ePaper that he believes that the $20k price is one that investors in 2018 would have been very happy to see four years later. Even though bitcoin has dipped below this price to $17,600 around a week ago, it has since stabilised, and the bulls are trying to reverse the trend.
“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. It probably will take a few months or a couple of years,”
ລາວກ່າວຕື່ມວ່າ:
“20k ພວກເຮົາຄິດວ່າຕໍ່າຫຼາຍໃນມື້ນີ້. ແຕ່ທ່ານຮູ້, ໃນປີ 2018, 2019, ຖ້າທ່ານບອກປະຊາຊົນ bitcoin ຈະເປັນ 20k ໃນປີ 2022, ພວກເຂົາຈະມີຄວາມສຸກຫຼາຍ. ໃນປີ 2018/19, bitcoin ແມ່ນ $3,000, $6,000.”
CZ defended his comment in an interview earlier this month, when he said that the bitcoin price was “normal”. He stated that bitcoin’s price was above the last market peak in 2017, and that as the crypto industry was still growing, price volatility was to be expected.
When asked about the investigation by the US regulatory authorities on whether Binance had broken securities laws when it launched its ICO back in 2017, CZ replied that his company continually answered questions from regulatory authorities from all over the world.
On the subject of whether he thought the industry was in a “crypto winter”, he responded that for a lot of the crypto projects that launched around the $68k peak, it could possibly be quite difficult for them. He stated:
"ດຽວນີ້, ມັນແນ່ນອນວ່າຫຼາຍໂຄງການມີຄວາມຜູກມັດເພາະວ່າເມື່ອທ່ານໄດ້ເຖິງລະດັບສູງຕະຫຼອດເວລາ, ໂຄງການທັງຫມົດໃຊ້ເງິນຄືກັບວ່າພວກເຂົາຈະຢູ່ໃນລະດັບສູງຕະຫຼອດເວລາ. ສະນັ້ນ, ເມື່ອມັນຫຼຸດລົງ, ມັນຮູ້ສຶກຄືກັບລະດູ ໜາວ. ແຕ່ ສຳ ລັບໂຄງການທີ່ເກັບຮັກສາເງິນສົດ, ພວກເຮົາຍັງດີ, ພວກເຮົາຍັງຈ້າງ, ພວກເຮົາຍັງເຕີບໃຫຍ່ຢູ່.”
ການປະຕິເສດ: ບົດຂຽນນີ້ແມ່ນສະ ໜອງ ໃຫ້ເພື່ອຈຸດປະສົງຂໍ້ມູນເທົ່ານັ້ນ. ມັນບໍ່ໄດ້ຖືກສະ ເໜີ ຫຼືມີຈຸດປະສົງທີ່ຈະ ນຳ ໃຊ້ເປັນກົດ ໝາຍ, ພາສີ, ການລົງທືນ, ການເງິນ, ຫລື ຄຳ ແນະ ນຳ ອື່ນໆ.
Source: https://cryptodaily.co.uk/2022/06/binances-cz-says-crypto-industry-still-growing-price-fluctuations-normal