CZ: BTC price movements are closely related to economic indicators and may only be applicable in the short term

Crypto 7x24

2025-03-11 00:19:16

6449

According to a network report, a certain crypto KOL analysis said: "Bitcoin's price trend is closely related to economic indicators. If there is a recession, Bitcoin may fall to about US$50,000; if there is no recession, the expected reserve price range is between US$70,000 and US$75,000." In response, Binance CZ responded on platform X: "I think this analysis is only applicable in the short term."

Disclaimer: The views in this article are from the original Creator and do not represent the views or position of Hawk Insight. The content of the article is for reference, communication and learning only, and does not constitute investment advice. If it involves copyright issues, please contact us for deletion.

NewFlash

2025-03-11
El Salvador and Paraguay sign cryptocurrency regulatory agreement
04:22
Opinion: Bitcoin is currently not a safe haven when stock markets fall, and its mid-term performance may be consistent with overall stock market trends
04:20
White House official: US President Trump will sign executive order on disaster relief
04:20
Balancer V3 will expand to Avalanche after governance vote
04:19
The US dollar index rose 0.14% on the 10th
04:18
If the economy recedes, the Federal Reserve may start a series of rapid interest rate cuts in June
04:18
Tesla plunged 15%, the largest intraday decline since September 2020
04:18
Tariff war exacerbates economic concerns, cryptocurrency market suffers a wave of selling
04:17
BTC fell below $78,000
04:16
The 65,675 ETH loan giant whale on Maker replenished 2000 ETH, and the health factor rebounded to 1.07
04:16
The U.S. SEC is considering abandoning part of its 2022 proposal to "extend the definition of alternative trading systems to crypto companies"
04:15
ETH fell below $1,900
04:15
A whale released its pledge of 7.69 million OMs, with a potential profit of 197 times
04:14
BTC breaks through US$79,000
04:14
Wall Street investors 'disappointment with Tesla intensifies, this week may hit its longest consecutive decline in 15 years
02:21
Spot gold fell below US$2890\u002F ounces, down 0.73% during the day
02:20
Musk: X platform suffers from "massive cyber attack"
02:20
SOL fell below $120
02:19
DeepSeek's issue with the R1 webpage\u002FAPI service has been resolved
02:19
U.S. stocks fell more than 10% across the board, and Coinbase fell 12.04%
02:18
The impact of the tariff war continues, with the U.S. stock Nasdaq Composite Index falling nearly 4% to a six-month low
02:17
Bitcoin fell below $80000, macroeconomic unfavorable factors made the currency circle clear of Trump's aura
02:17
Tether Treasury deposited 83.55 million USDTs in Binance and Bitfinex in the past hour
02:16
Tesla's decline widened to 10%, the lowest since October last year
02:16