Is The Crypto Bull Run Over? Binance’s CZ Predicts Next Price Action
With the Bitcoin price down 22% from its all-time high, there is intense speculation regarding whether the crypto bull market is over.
Binance co-founder and ex-CEO Changpeng “CZ” Zhou has now given his take on the debate.
CZ believes this correction aligns with typical bull market retracements rather than the end of the bull market.
CZ Believes The Bull Market Isn’t Over
The Binance co-founder responded to a post on X from influencer Miles Deutscher, which claimed that Bitcoin’s price action is de-correlating from its trajectory in previous cycles.
CZ shared a modified version of the chart, marking significant mid-cycle dips in previous bull runs.
His reply implies that the current correction may…
