Nov 01, 202411635 Views
Nov 01, 2024
On October 31st, CZ stated in an interview at the main venue of the Binance Blockchain Week in Dubai that "he cannot predict the future, but can analyze history. From a historical perspective, Bitcoin has gone through a very clear four-year cycle. 2013 and 2017 were bull markets. However, in fact, 2012 was a "recovery year" that many people did not trace back that far. 2016 was also a "recovery year", and 2017 soared all the way. 2020 is also a "recovery year", and 2021 is a bull market. So based on existing analysis, 2024 should also be a "recovery year". As for what will happen next year, it is not clear, but in the long run, he is still very optimistic about the entire industry."
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