#BTCPrediction

One of the founders of #Binance, Changpeng "CZ" Zhao, predicts that BTC$BTC will reach between $500,000 and $1 million during this market cycle. In a Rug Radio interview on May 5, CZ emphasized ETFs as "the main price driver bringing traditional institutional money to crypto." Research shows that 70% of the recent growth in BTC$BTC comes from new institutional capital according to Obchakevich Research. #CZ highlighted that governments are increasingly accumulating BTC$BTC, calling it a "very good validation" for the asset class. He noted that the U.S. has "turned 180 degrees under a pro-crypto president" since #Trump's election, indicating that other countries will follow suit.