Binance founder Changpeng Zhao, in a new post, suggested that now may be a favorable time to buy Bitcoin, recalling that periods when BTC was repeatedly declared "dead" later turned out to be among the best entry points.

"Conspiracy theories" around CZ's posts

The crypto community has long discussed Zhao's posts: traders regularly try to detect hidden signals in his wording about future market movements. Previously, the so-called "CZ indicator" circulated in the community.