Binance CEO Signals Bullish In Bitcoin! What Does The Economist’s Headline Mean?

bitcoin and in cryptocurrencies main theme of bear markets so far “crypto goes to zero” was.

Mainstream media trying to feed off cryptocurrencies in bull markets is in every bear market. “crypto is dead” headlines, causing investors to fear.

For nearly 13 years, Bitcoin has not gone anywhere and has come out strong in every bear market.

Unlike the others after the 2021 bull, we watched that the headlines of “crypto is dead” did not immediately appear on the scene. Because everyone agreed that crypto had a future.

In previous bear markets “Will Bitcoin rise again?” question in the 2022 bear market “When will Bitcoin rise?” left to the question.

This thought caused many investors to keep their HODL position and not realize their losses.

As you know, markets are based on retail investors buying high and selling low, and all psychological warfare is waged accordingly.

The atmosphere of fear created by the bankruptcy of FTX “Will Bitcoin rise again?” “Is crypto dead?” caused the headlines to reappear. This shows that the necessary atmosphere of fear has been created for the market to be able to relieve the small investor burden on it.

It will rise again to sell at the top to everyone after the small investor load on the market has taken off.

The headlines of “cryptocurrencies are dead” that have resurfaced in recent days are familiar to investors who have long traded in the cryptocurrency markets.

Noting this, Binance CEO Cz, quoting The Economist’s headline on November 23, 2022, “how is crypto going to zero”, said, “These types of articles …. signal.” said.

Even though the Binance CEO did not fill the gap due to his position, if the headlines of “crypto is dead” have resurfaced, we are pretty close to the bottom and this is a bullish signal.

These type of article signal the _ _ _ _ _ _. pic.twitter.com/kDwXCwEJIF

— CZ 🔶 Binance (@cz_binance) December 7, 2022

*Not Investment Advice.