BTC to $1,000,000? Binance's CZ Reveals Epic Bitcoin Price Prediction
Binance founder Changpeng CZ Zhao predicts Bitcoin price to hit up to $1 million this cycle
Bitcoin (BTC) could reach between $500,000 and $1 million in the current market cycle, according to Binance founder Changpeng Zhao, or CZ, who shared his outlook during a recent interview that touched on both the state of crypto and his own role in the industry.
The entrepreneur pointed to growing institutional interest, changes in regulations and wider acceptance as the main reasons for his prediction.
With Bitcoin ETFs approved in the U.S. and more involvement from sovereign wealth funds and traditional finance, he thinks the market is in a strong position to expand further. Zhao did not give a timeline but said the infrastructure and momentum are in place for a solid price move.