## Changpeng Zhao: Bitcoin at $120,000 is Just the Beginning Changpeng Zhao, Binance's founder ("CZ"), tempers excitement surrounding Bitcoin's recent surge past $120,000. In a post on X, CZ remarked, "Don't get excited about BTC reaching a new high today. Considering the price in a few years, it could be a very low price." ## Bitcoin's Long Journey: A Lesson in Perspective CZ reflects on his early Bitcoin investment in 2014, recalling it took three years for BTC to recover to $1,000. "We were overjoyed at the time. But compared to the current price, $1,000 is nothing, is it?" His statement highlights Bitcoin's impressive growth trajectory and suggests significant future potential. While $120,000 is undoubtedly a milestone, CZ's perspective encourages a long-term view of Bitcoin's value. It reinforces the idea that current highs may be dwarfed by future growth, making today's prices seem relatively low in retrospect. He implies that patience and a long-term outlook are key to realizing Bitcoin's full potential. ```

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