Bitcoin Price Rockets to Highs as CZ Urges: ‘More Dips Are Coming’
Bitcoin price has once again surged past previous records, reigniting investor excitement across crypto markets. Yet, while euphoria brews, Binance founder Changpeng Zhao (CZ) is urging caution—and strategy.
In a post shared on social platform X, CZ reminded followers that this rally, no matter how tempting, is still part of a broader accumulation cycle.
“If you ‘missed’ the previous dips, there will be dips in the future too. And we are still in one now.”
It’s a sentiment that seasoned Bitcoin holders are well acquainted with. The essence? Every so-called peak is just a stepping stone on a much larger trajectory. Or, as CZ put it more bluntly:
“There are no limits to mathematical numbers or fiat printing, only limited number of bitcoins.”
This scarcity, he implies, remains Bitcoin’s core strength in an age of rampant money printing and rising inflation.
As Bitcoin edges closer to its previous all-time highs, CZ’s message stands clear: don’t let the numbers fool you. The price may be high, but in the context of long-term trends, it’s still a dip.
“Remember, by definition, everything before the next ATH [all-time high] is a dip.”
The timing of this statement is telling. Major institutional players have been ramping up exposure to crypto assets, especially Bitcoin, through ETFs and direct investments. With inflationary pressures and economic uncertainty continuing to loom, many are betting on Bitcoin as a hedge—a digital alternative to gold.
Some forecasts are eye-watering. Bitwise CIO Matt Hougan believes Bitcoin could hit $200,000 by the end of the year. Standard Chartered agrees, pointing to Q4 as the moment Bitcoin might break into new six-figure territory, driven by fresh inflows and favourable regulatory shifts.
And then there are the maximalists. Robert Kiyosaki and Arthur Hayes aren’t just looking at six digits—they’re thinking $1 million per coin. A bold claim, but one not without precedent in this volatile, rapidly evolving landscape.
Of course, not all voices are bullish. Critics continue to warn of high volatility and an unpredictable regulatory backdrop. Short-term corrections are still on the cards. And while ETF approvals have added legitimacy, they’ve also brought more traditional scrutiny to the decentralised space.
Still, crypto advocates maintain that those who stick to disciplined accumulation, rather than chasing quick wins, tend to come out ahead. It’s a strategy built on patience—buying the dips, holding the course.
With Bitcoin price rewriting its own history and CZ reinforcing a long-term vision, the message for investors is simple: the journey’s far from over. And if you think you’ve missed the boat, another dip might just be around the corner.
