Bitcoin reaches $ 111,000 while CZ expresses its sentence for the first seller

Bitcoin recently exceeded $ 111,000, which attracted attention during the crypto of the universe. Former CEO of Binance, ChangPeng Zhao (CZ), responded by expressing compassion for those who sold their bitcoins below $ 77,000. His comments followed this increase in prices, which again triggered discussions in the community.

Binance founder reflects on missed profits while Bitcoin reaches a new summit

Zhao, known for his long -term approach, said he felt bad for all those who sold their bitcoin positions before the mark of $ 100,000, especially for those who sold around $ 7,000. He noted that traders should consult with annual graphics from time to time, suggesting that short -term thinking often leads to regret – especially now that it is likely to decrease $ 100,000.

His comments follow the power of the Bitcoins, who powered his market capitalization to $ 2.2 billion by making the fifth largest world value – exceeding Amazon.

In the past, Zhao shared that he had entered the Bitcoins market when around $ 600 was already negotiated. Although he was not an early adoptor, he remained faithful to a long -term impact strategy rather than a short -term profit. He also explained that he did not run after new cryptocurrencies, rather decided to maintain BTC and BNB.

His message repeated the report of another believer Bitcoin, Michael Saylor. Former CEO of Microstrategy said on his website X that no one is losing money by purchasing bitcoins. According to data shared by analyst Crypto Rover, Saylor’s strategy has brought fruit. His company now shows a latent profit of $ 22.7 billion from its bitcoin assets.

Profits accumulate for whales and nations

While some may regret that they have come out too early, others use significant profits. Bitcoin James Wynn Whale now benefits from a latent profit of more than $ 39 million from a high lever position of $ 1.14 billion. The price increase was played to its advantage, especially with a long position of 40x lever effect.

Salvador also benefits. The Bitcoin portfolio of the country shared by President Nayib Bukele is of $ 677 million. The government initially invested around $ 291 million. The current latent profit is $ 386 million, an increase of 132 %. It is remarkable that the country has not sold any of its assets, so it has shown its obligation to bitcoin as a long -term active.

The atmosphere on the market reflects this optimism. The index of fear and greed of bitcoins is now for 72 years. It shows strong greed, which means that people are enthusiastic and do not want to miss a check. Fomo, or fears that something is missing, often leads to further purchase – which could push prices even higher.

Growing feeling and bull predictions

Analyst Ali Martinez emphasized the key levels for monitoring. While Bitcoin enters the price discovery phase, other main objectives are $ 116,000, $ 126,000, $ 136,000 and $ 148,000. Without resistance around the current level, the cryptocurrency could continue to rise freely.

Strengthening bitcoins explains several factors. One of the key elements is the US government announcement of bitcoin strategic reserve and digital assets. This suggests a more favorable regulatory approach. This also confirms the growing interest of governments and institutions.

Institutional acceptance is also growing, while changes in global markets, such as the business agreement between the United States and China, help create a more stable environment for risk assets such as crypto.

With all these factors of alignment, trust in the rise of bitcoins is constantly increasing. Analysts like Arthur Hayes even predicted that the price of bitcoins could exceed $ 250,000 by the end of 2025. Therefore, if current momentum is maintained, it could become a reality.

IFEOLowa O.

IFOLOWA specializes in writing and marketing Web3, with more than 5 years of experience in creating bright and strategic content. In addition, it trades in crypt and is qualified in performing technical, basic and chains.

Renunciation

The words and opinions expressed in this article are involved only by their author and should not be considered investment counseling. Do your own research before any investment decision.