Binance founder Changpeng Zhao shares insights into the current Bitcoin price situation and potential investment opportunities following the recent rally.
Advice from Changpeng Zhao
Changpeng Zhao, also known as CZ, shared advice for those who missed the recent Bitcoin price rally to a new all-time high. He noted that Bitcoin is still in a dip, aligning with his previous predictions.
Current Bitcoin Price Situation
As of now, Bitcoin is trading at $118,010, which is more than 6% higher over the past 24 hours. The 24-hour low and high are $110,660 and $118,410, respectively.
Bullish Sentiments in the Market
CoinGlass data indicates that total BTC futures open interest hit an all-time high, rising 6% to $82.85 billion in the last 24 hours. This signals bullish sentiment among derivatives traders.
In light of the recent rally and current advice from Changpeng Zhao, the Bitcoin market situation remains intriguing and promising for investors.
