RATE Group | Binance CEO Says Bitcoin Price Correction in 2018 is Similar to 2014, Occurs Every Year
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Binance CEO Says Bitcoin Price Correction in 2018 is Similar to 2014, Occurs Every Year

10 Jun Binance CEO Says Bitcoin Price Correction in 2018 is Similar to 2014, Occurs Every Year

Posted at 17:35h in Bitcoin News by

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The current cryptocurrency momentum is anything but positive. To novice users, it seems as if this is the beginning of the end and a bubble waiting to burst. Veterans know all too well this is just a blip on the radar. Dips and peaks occur quite regularly in the Bitcoin world, after all.

Don’t Fret Over the Current Bitcoin Price

Hindsight is always 20/20, yet it is quite valuable in the cryptocurrency world. With so many people focused on short-term Bitcoin momentum, they tend to lose track of the bigger picture. There have been numerous peaks and lows for Bitcoin over the years. That situation will not change anytime soon, for rather obvious reasons. Binance CEO Zhao Chengpeng took the time to remind users as to how this volatility isn’t much to be concerned about.

More specifically, ZhengPeng confirms there hasn’t been a “flat” Bitcoin price chart to speak of. Again, this is only normal, as all financial markets are subject to volatility in their own way. Bitcoin is no…

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