Changpeng Zhao, Binance CEO, joins ‘Squawk on the Street’ to discuss why he believes the $20k level for Bitcoin has been defended so staunchly, what the catalyst is for the next move in Bitcoin and more.

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    1. I think binance is spelled wrong. My team thinks he means finance. You can’t BS what crypto is and the name too. Most persons know crypto is nonsense. It’s falsely pumped up by Sam B fried.

    2. I believe that the >fear and greed index with a new low value of 6 reflects how the crypto market reacts to a full blown recession. Yes, there were crypto bear markets in the past, either caused by regular cycles or extraordinary events such as COVID, but we never experienced a true economical recession in the crypto market. Keep in mind that crypto market is just another financial market (meaning that is 100% dependent on major macro economic events) and is more volatile than other markets (which is a good thing, cause that offers long term opportunity to get rich in an extended timeframe meaning buying like crazy during these times and selling at the peak of the next bull market – whenever that may be).but the biggest, most "boring" coins right now (BTC, ETH, BNB) with big utility and market cap that will not go to 0 until the end of this bear market. I buy and just trade long term more than ever, I have made over 19btc from day trading with Marcus Leung Crypto in few weeks this is one of the best medium to backup your assets incase it goes bearish….

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