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Binance CEO: Bitcoin May Take a Couple of Years to Reclaim All-Time High
source link: https://nextbigwhat.com/binance-ceo-bitcoin-may-take-a-couple-of-years-to-reclaim-all-time-high/
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The CEO of the world’s largest crypto exchange Binance has shared some rather bearish sentiments for the short-term for bitcoin. The digital asset which had touched $69,000 in November last year has been unable to recover to that point
“I think given this price drop, from the all-time high of 68k to 20k now, it will probably take a while to get back,” Binance CEO Changpeng Zhao said. “It probably will take a few months or a couple of years.”
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