CZ Sees Social Media Follower Count as Crypto Cycle Indicator
Binance founder Changpeng 'CZ' Zhao claims his social media follower count has consistently predicted cryptocurrency market cycles.
CZ cited an August 12 post where he noted a steady increase in his followers alongside rising BNB prices. This observation is based on CZ's personal experience and not yet backed by conclusive research connecting the two trends.
As one of the wealthiest individuals in the crypto space, CZ has long advocated for Bitcoin. He believes selling at peak greed and buying at peak fear can maximize returns during volatile cycles.