{"id":383782,"date":"2019-05-26T21:00:24","date_gmt":"2019-05-26T21:00:24","guid":{"rendered":"https:\/\/wncen.com\/?p=383782"},"modified":"2024-06-11T08:10:51","modified_gmt":"2024-06-11T08:10:51","slug":"binances-cz-expects-bitcoin-to-break-from-8000-range-will-it-happen","status":"publish","type":"post","link":"https:\/\/wncen.com\/news\/binances-cz-expects-bitcoin-to-break-from-8000-range-will-it-happen\/","title":{"rendered":"Binance’s CZ Expects Bitcoin To Break From $8,000 Range: Will It Happen?"},"content":{"rendered":"

For one reason or another, the past few weeks have seen Bitcoin<\/a> (BTC) and its ilk freeze. The cryptocurrency market has been stuck in an odd holding pattern, whereas volatility has fallen, trading ranges have been established, and volume has begun to diminish.<\/p>\n

However, digital assets across the board may soon move. That’s according to Changpeng “CZ” Zhao of Binance <\/a>anyway. In a recent tweet, the exchange chief executive, known for his optimism in the cryptocurrency ecosystem, suggested that Bitcoin breaking from the grip of $8,000 is a matter of “when, not if”.<\/p>\n

Of course, he didn’t note which direction he expects for BTC to take. Knowing the context though, he’s likely expecting a move higher. Could this really happen though?<\/p>\n

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When (not if) btc breaks from that 8000… https:\/\/t.co\/FA26PORSY5<\/a><\/p>\n

— CZ \ud83d\udd36 BNB (@cz_binance) May 25, 2019<\/a><\/p><\/blockquote>\n