Binance founder Changpeng Zhao (CZ) has predicted that Bitcoin could reach $500,000 to $1 million during the current market cycle. He attributes this bullish forecast to rising institutional interest, approval of U.S. Bitcoin ETFs, and a more favorable regulatory climate. CZ also noted increasing involvement from sovereign wealth funds and traditional financial institutions, which he believes could accelerate Bitcoin's price surge. Although he didn’t specify a timeline, he emphasized that the infrastructure and momentum are already in place. As of now, Bitcoin is trading around $94,637. While CZ's projection is highly optimistic, other analysts have offered more modest targets—such as $180,000 to $500,000 by 2025. Experts advise caution due to the cryptocurrency market’s inherent volatility.

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