CZ PREDICTS BITCOIN PRICE š¤Æ
Changpeng Zhao, or CZ, the ex-Binance boss, has tossed out some bold Bitcoin predictions over time.
Back in 2020, CZ made a comment about Bitcoin dropping from $101,000 to $85,000, which sounded wild since it was only at like $21,000 then. Didnāt hit six figures, but it did shoot up to $64,000 by mid-2021 before cooling off. Fast forward to todayāFebruary 26, 2025āheās joking on X about it "crashing" from $1,001,000 to $985,000 one day, basically saying people freak out over nothing. Heās like, "Chill, Bitcoinās not going anywhere."
Heās big on the idea that Bitcoin could skyrocket if more countries start treating it like a reserve assetāthink gold, but digital. Last December, he was all about it "going to the moon" because of that. Heās also hinted that 2025 could be huge since itās the year after the 2024 halving, and historically, thatās when Bitcoin tends to pop off. No promises on timing, thoughāheās made that clear.
CZās had some solid calls. In 2019, he said $16,000 was coming "soon-ish," and bam, late 2020, it happened. Lately, heās tossed out crazy high numbersālike today on X, heās saying it "should be way more than" $850,000. Heās bullish but not dumb about it; he knows the marketās a rollercoaster.
Basically, he thinks Bitcoinās got legs because big players like ETFs are in the game now, and itās less about buying coffee with it and more about holding value. Still, heās always like, "Hey, donāt bet the farmācryptoās wild." Thatās CZ for you.. big ideas, but he keeps it real.