CZ says 'Bitcoin is dead' talk has historically marked buying opportunities
- —BTC hovers near $80,000 versus about $87,000 in early October
- —Price is 36% below the ~$126,000 peak, implying ~57% upside to reclaim it
- —CryptoQuant: roughly 40% of the modeled bear-market recovery time has elapsed
Why it matters: A high-profile endorsement of contrarian buying may steady sentiment, though it does little to change the weak price backdrop.
Source: BTC-ECHO
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