Last week, specifically on 12 March, the price of Bitcoin (BTC) suddenly plummeted along with the US stock market and gold – a leading safe haven. Since then, prices have moved several times below $ 5,000.
“As long as I have a penny, Bitcoin will not go to zero.”
At the time of writing, Bitcoin is trading in the area of $ 5,300. Zhao Changpeng promises that as long as he has money, Bitcoin will never be zero.
Still worried about #btc going to 0?
Don't! So long as I have a penny left, it won't happen.
– CZ Binance 🔶🔶🔶 (@cz_binance) March 17, 2020
“Are you still worried about #BTC going to zero?
Do not worried! As long as I have money, that won't happen. ”
Some Twitter users have expressed concerns about CZ's comments, as the crypto community is often afraid that the price of BTC may fall due to manipulation.
However, a study claims that in 2017, when Bitcoin reached an all-time high of nearly $ 20,000, it was manipulated using Tether's stablecoin USDT.
Earlier this year, CZ said that exchanges were not concerned about the sharp drop in Bitcoin prices. If exchanges can influence the price of BTC, it will be extremely high.
“Bitcoin right now desires $ 6,100”
The famous crypto trader The Crypto Dog is bullish BTC, he believes that the coin has enough motivation to soar and surpass $ 6,000.
Technically, $ BTC looks powerul and hungry for $ 6100 right now.
– The Crypto Dog📈 (@TheCryptoDog) March 17, 2020
“Technically, $ BTC seems to be motivated and craving for $ 6,100 right now.”
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According to U.Today
Translated by ToiYeuBitcoin