Binance CEO Changpeng Zhao shared his predictions about Bitcoin. According to Changpeng Zhao, Bitcoin may experience a serious increase.
Changpeng Zhao Bitcoin forecast
Binance, one of the largest cryptocurrency exchanges in the world, plays a determining role in the industry. Changpeng Zhao, the company’s CEO, made important statements regarding the cryptocurrency industry.
Changpeng Zhao pointed out that Bitcoin is currently below the $ 10,000 level. He said, however, that he would eventually experience breakage and rise. However, Zhao also said he did not know exactly what this rise would cause.
The fact that Bitocin has been around these levels for a long time causes the world’s most common crypto money to be perceived as steable coin. This poses a partial obstacle to the growth of the cryptocurrency market.
Recently, there has been a serious increase in the number of Bitcoin wallets. This shows that the number of investors, and therefore the number of people expecting a rise, has increased.