Bitcoin Headed for a New Peak? Check out Former Binance CEO’s Prediction!

Updated

June 24, 2025

Gambar Bitcoin Headed for a New Peak? Check out Former Binance CEO’s Prediction!

Jakarta, Pintu News – The cryptocurrency market is back in the spotlight with a statement from former Binance CEO Changpeng Zhao that caught the attention of many market participants. In his latest interview, Zhao gave an optimistic view on the future of Bitcoin and other cryptocurrencies.

Changpeng Zhao’s View on the Current Market

Remember, by definition, everything before the next ATH is a dip.
— CZ 🔶 BNB (@cz_binance) June 23, 2025

Changpeng Zhao, often referred to as CZ, recently commented on the current dynamics of the cryptocurrency market. According to him, any price drop before reaching a new record high should be considered an opportunity to buy or what is often called a ‘dip’. However, CZ also emphasized that not all cryptocurrencies will reach new price peaks.

He advised investors to focus on currencies that have long-term growth potential and strength. According to data from CoinGecko, Bitcoin (BTC) briefly touched the lowest price of the day at $98,467 before eventually recovering some of its losses. Currently, Bitcoin (BTC) is trading at around $101,370. CZ’s extremely bullish prediction is supported by increased institutional interest, fast-growing mainstream acceptance, as well as positive developments on the regulatory front.

Also Read: Robert Kiyosaki Suggests Buying Bitcoin Before the Global Monetary Collapse

Long-term Prospects for Cryptocurrencies

In his latest interview, CZ described blockchain technology as something that is just getting started. He compared the development of the crypto industry to video conferencing, which he said still suffers from problems after decades of development. CZ argues that many people underestimate the time it takes to develop a mature industry.

CZ’s prediction that Bitcoin (BTC) will reach $1 million during the current bull cycle, as reported by U.Today in May, shows his confidence in the potential that can still be extracted from this market. Despite not giving a specific time frame, this view attracted a lot of attention and speculation among investors and market analysts.

Market Reaction to CZ Statement

CZ’s statements often have a significant impact on the cryptocurrency market. Investors and traders tend to respond quickly to comments from important figures in the industry. While there are some skeptics who doubt the possibility of Bitcoin (BTC) reaching the $1 million mark, many see this as a long-term bullish signal.

CZ’s comments also highlight the importance of choosing cryptocurrencies that not only have technological potential, but also long-term sustainability. This encourages investors to be more discerning in the cryptocurrencies they invest in, which could ultimately contribute to the overall health of the market.

Conclusion

With Changpeng Zhao’s very optimistic outlook, the cryptocurrency market still seems to have a lot of stories to tell. While there are risks that cannot be ignored, the opportunities offered by blockchain technology and cryptocurrencies still seem very promising. Market participants may need to carefully consider the advice of experts and conduct in-depth analysis before making investment decisions.

Also Read: Important Warning from Binance CZ: Beware of Hacker Attacks!

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*Disclaimer

This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities are subject to high risk and volatility, always do your own research and use cold hard cash before investing. All activities of buying andselling Bitcoin and other crypto asset investments are the responsibility of the reader.