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Changpeng Zhao calls 'Bitcoin is dead' moments historically best buying opportunities

Binance founder Changpeng Zhao posted that past declarations of Bitcoin's death have repeatedly aligned with the best opportunities to purchase the cryptocurrency.

Close-up portrait of Binance founder Changpeng Zhao speaking into a microphone.
Image: @MartiniGuyYT

Binance founder Changpeng Zhao posted on social media that previous episodes when observers declared Bitcoin dead marked the best times to buy the asset, according to posts shared by cryptocurrency news outlets and commentators. Zhao stated that "'bitcoin is dead' was said by many, many times before," adding, "Those were also the best times to buy bitcoin."[1][2][3][5]

Market observers circulating Zhao's remarks highlighted how periods of extreme negative sentiment and market fear have historically opened up major entry points for long-term holders. Crypto commentator Crypto Rover drew parallels between the post and an earlier June 9 message in which Zhao told investors "Don't panic," claiming that Bitcoin subsequently gained nearly 40% toward its next peak.[3][4][5]

Key facts

  • Binance founder Changpeng Zhao posted that "bitcoin is dead" has been said many times before and that those moments were also the best times to buy bitcoin.
  • Crypto media accounts framed Zhao's statement as a reminder that periods of extreme fear and peak negative sentiment often present major opportunities for long-term Bitcoin investors.
  • Commentator Crypto Rover claimed that Bitcoin rallied nearly 40% to its next peak following a June 9 post from Zhao telling market participants "Don't panic."

Sources · 5 sources

  1. CB

    Crypto Banter@crypto_banterPost on X ·

    🚨CZ: “BITCOIN IS DEAD” HAS ALWAYS BEEN THE BEST TIME TO BUY! CZ just posted that “Bitcoin is dead” has been said many times before. He pointed out that those moments have also been the best times to buy bitcoin:native. Classic reminder from the Binance founder.

    Open source
  2. CO

    Cointelegraph@CointelegraphPost on X ·

    🔥 BULLISH: CZ says past declarations that “Bitcoin is dead” marked “the best times to buy Bitcoin.” https://t.co/jyyZDxS4hR

    Open source
  3. CR

    Crypto Rover@cryptoroverPost on X ·

    The last time CZ told everyone “Don’t panic” was June 9. Bitcoin went on to PUMP nearly 40% to its next peak. Now he’s reminding everyone that the best buying opportunities came when people said Bitcoin was dead. Déjà vu? https://t.co/4WwkhndppR

    Open source
  4. TM

    That Martini Guy ₿@MartiniGuyYTPost on X ·

    Binance Founder CZ just said: “Every time people declared Bitcoin dead in the past, it was the best time to buy.” The hardest time to buy is often when sentiment is at its worst. 👀 https://t.co/u8FERJZXPr

    Open source
  5. BL

    BlockNews@blocknewsdotcomPost on X ·

    🔥 BULLISH: Binance founder CZ says the BEST time to buy Bitcoin has historically been when everyone was calling it DEAD! His message highlights how periods of extreme fear and negative sentiment have often presented major opportunities for long-term $BTC investors. https://t.co/kcaTeuTQg8

    Open source