Key Insights:
CZ’s Bitcoin price prediction says it could surge to $1M, as crypto market cap targets $5 trillion this cycle.
Bitcoin breaks bullish pattern; technical signals suggest continued price momentum and market strength ahead.
Zhao sees DEXs overtaking CEXs long-term, while pushing AI and DeSci as crypto’s next frontier.
Former Binance CEO Changpeng Zhao has rehashed his prediction that Bitcoin will top between $500,000 and $1 million during the current market cycle. Zhao indicated in a recent interview with Farokh Radio that the digital assets rally still has more to go and could even exceed the token market valuation to $5 trillion by 2025.
While Zhao didn’t have an exact timeline as to when Bitcoin could hit seven figures, he did suggest it will happen. But he likened them to past statements in 2020 that he had made of a $100,000 funding target, which was then met in December 2024.
At press time, Bitcoin traded around $94,770, while it had an all-time
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