CZ: BTC price movements closely correlated with economic indicators may only be applicable in the short term

"The price movement of bitcoin is closely related to economic indicators, and if there is an economic recession, bitcoin may fall to about $50,000; if there is no economic recession, the base price range is expected to be between $70,000 and $75,000," said a crypto KOL analysis.
In response, Binance Allianz CZ responded on the X platform: "I think this analysis only applies to the short term."