#BTCPrediction
Will Bitcoin reach one million dollars?
If you ask Changpeng 'CZ' Zhao — the founder of the Binance exchange — the answer may surprise even the most optimistic investors. In his first candid interview since stepping down as CEO and concluding the high-profile federal proceedings in the USA, CZ shared the most bullish prediction of his career. In his opinion, the current bull cycle could take Bitcoin to levels — from 500,000 to even 1,000,000 dollars for one BTC. Recently, a similar opinion was expressed by Ark Invest.
In a two-hour conversation with Farokhi Sarmad during the Token2049 conference in Abu Dhabi, CZ laid out his thesis: Bitcoin is no longer just a speculative asset. Today, it is becoming a part of the financial infrastructure, and three key factors, according to Zhao, have a huge impact on its future valuation:
