Binance founder Changpeng "CZ" Zhao believes $BTC could reach $500,000 to $1 million in the current market cycle, driven by powerful macro tailwinds — from institutional adoption to pro-crypto US policy.
🧩 Key Drivers:
Bitcoin ETFs are funneling institutional money into crypto markets, pushing prices higher.
According to CZ: “Most of the money in the US is institutional. Bitcoin is going up because most of the ETFs are Bitcoin-based.”
Governments are now stacking sats. Countries like El Salvador and Bhutan are steadily increasing their BTC reserves.
U.S. policy has flipped — now favoring crypto, especially after Trump’s re-election, which CZ says has led to a “180-degree pivot.”
👥 CZ was blunt about retail investors: “They had 15 years to buy. If they’re late now, that was their choice.”
With institutional demand rising, sovereign nations buying in, and ETF flows accelerating, CZ’s bullish $500K–$1M forecast doesn’t seem outlandish — especially in a world increasingly defined by digital reserves and decentralized finance.
