Changpeng Zhao: Bitcoin Price at $120,000❗ According to the forecast of Changpeng Zhao, the founder of the world's largest cryptocurrency exchange Binance, the current historical maximum of Bitcoin around $122,666 may in the future represent less than 1% of the value of the first cryptocurrency.
Zhao is confident that the recent new record of Bitcoin is just the beginning of growth. The owner of a controlling stake in Binance shared his own experience of buying Bitcoin in 2014. Three years later, in January 2017, Bitcoin first reached the $1,000 mark, which was considered a huge achievement for the cryptocurrency. According to Zhao, the current historical maximum of Bitcoin might also turn out to be a small part of the coin's value in the future. Zhao is confident that Bitcoin will continue to grow and set new records. By 2025, Bitcoin will reach around the price of $200,000
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