CZ: BTC price trends are closely linked to economic indicators and may only be applicable in the short term
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Odaily Odaily reports that a certain crypto KOL analyst said: "The price trend of Bitcoin is closely related to economic indicators. If an economic recession occurs, Bitcoin may fall to around $50,000; if there is no economic recession, the expected bottom price range is between $70,000 and $75,000." In response, Binance co-founder CZ said on X platform: "I think this analysis only applies to the short term."
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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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