“Zhao Changpeng's bold statement: Bitcoin may break one million dollars, explosive growth awaits in the next five years!”
Zhao Changpeng recently reiterated his bold prediction that Bitcoin will break between 500,000 to 1 million dollars in the next market cycle, with a market capitalization potentially exceeding 5 trillion dollars. He pointed out that, although no exact timeline was given, similar to his 100,000 dollar target prediction in 2020, Bitcoin's upward momentum will continue. Currently, the price of Bitcoin is close to 94,770 dollars, just a step away from its historical high.
Technical signals support this expectation, as signs of breaking out of a descending wedge pattern and moving average crossovers indicate that Bitcoin may enter a new upward cycle. Market experts are more conservative, predicting that Bitcoin may reach between 125,000 to 150,000 dollars by 2025.
Zhao Changpeng also emphasized that artificial intelligence and decentralized science will be the long-term driving forces of the cryptocurrency ecosystem and expressed optimism about the future of decentralized exchanges. Additionally, he noted that U.S. regulations are gradually aligning with the cryptocurrency industry, signaling greater development opportunities for the market.
Although Zhao Changpeng is no longer the CEO of Binance, he will continue to provide consulting and support for emerging cryptocurrency projects and promote innovation in decentralized protocols.