Yesterday, October 31st, Thursday
【CZ: 2024 is the 'Recovery Year', historically the year after a 'Recovery Year' is a bull market】On October 31st, CZ stated in an interview during the main event of Binance Blockchain Week in Dubai, "I cannot predict the future, but I can analyze history. Historically, Bitcoin has gone through very clear four-year cycles. The years 2013 and 2017 were bull markets. But in reality, 2012 was a 'Recovery Year', which many people do not trace back that far. 2016 was also a 'Recovery Year', and 2017 saw a sharp rise. 2020 was likewise a 'Recovery Year', and 2021 was a bull market. Therefore, based on the current analysis, 2024 should also be a 'Recovery Year'. As for what will happen next year, it is unclear, but in the long run, I remain very optimistic about the entire industry."