📍 CZ Predicts Bitcoin Price Could Reach 1 Million USD in the Current Cycle
📌 In a recent interview, CZ stated that he believes the price of Bitcoin could reach between 500,000 USD and 1 million USD in the current market cycle. He emphasized that this increase could be driven by acceptance from financial institutions, accumulation from governments, and the cryptocurrency-friendly policies of the United States.
📌 CZ also mentioned the role of spot Bitcoin ETF funds in attracting capital from traditional investors into the cryptocurrency market, contributing to the price increase of Bitcoin.
📌 Additionally, CZ expressed the view that artificial intelligence (AI) and decentralized science (DeSci) are fields with long-term potential, while memecoins are merely a short-term trend and not sustainable.
📌 Regarding blockchain infrastructure, CZ noted that decentralized exchanges (DEX) will gradually surpass centralized exchanges (CEX) in the future, although currently CEX still plays an important role in introducing new users to the cryptocurrency market.
