Bitcoin Hits $118,000 as CZ Declares “This Is Still a Dip” – Buy Before Next Surge

• Bitcoin breaks $118K, but CZ says the real rally may just be getting started.
• Missed the dip? CZ insists this new high is still a buying opportunity.
• Trading volume soars 91% as investor confidence aligns with CZ’s bullish stance.

Bitcoin has soared to a new all-time high, surpassing $118,000 and drawing strong reactions from across the crypto market. The sudden price jump has sparked regret among traders who hesitated to buy when the asset briefly dipped below the $100,000 level.

Amid the excitement, former Binance CEO Changpeng “CZ” Zhao has weighed in with a message aimed at calming emotions and reinforcing confidence. According to CZ, the current price should not be seen as the top, as he called it “still a dip” and urged investors to think long-term and not get discouraged by recent price levels.

Zhao emphasized that frequent corrections are part of Bitcoin’s practical reality, and they are sometimes easier to notice ex-post. He alerted investors that further dips will be experienced, but recommended that it might still be a good entry point for those who want to accumulate.

In addition to the price fluctuations, CZ also referred to Bitcoin’s scarcity. The limited supply of the asset keeps pushing its value, given that there can only be 21 million coins in the entire world. This is in contrast with fiat currency, which is prone to fiscal inflation through excessive printing, reducing its value as time progresses.

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Trading Volume Surge Reflects Rising Market Participation

Alongside Bitcoin’s price rally, trading activity has sharply increased. Data shows that in the last 24 hours, trading volume has jumped over 91 percent to reach $118.74 billion. This surge indicates growing market participation as more traders react to the recent price movement.

Supporting CZ’s statement, the intense trading action highlights the broad interest shown by investors across the market. Despite the steep price, more participants continue to purchase, which demonstrates an impression that this is not the last top. His remark that the space is still in a dip has elicited debate within the crypto space, particularly among long-term investors.

The investors’ mood is very bullish, and Zhao claims contributed to the optimism. His assertion reinforces the general story that Bitcoin remains a strong vehicle of long-range development. Traders and holders are convergent in this sentiment, as implied in market psychology.

As Bitcoin trades at new highs, CZ’s message encourages investors to see the bigger picture. His view that the current level still counts as a dip has helped redirect focus from missed opportunities to what may lie ahead in Bitcoin’s ongoing price cycle.

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