The cryptocurrency community faces a sharp decline in prices as Bitcoin reaches its lowest point of $85,000 in 2025. Binance founder CZ's predictions regarding the market have come into the spotlight.
Impact of the Murder in South Korea
News of a Chinese citizen's murder in South Korea related to crypto trading has disrupted the industry. The victim was likely trading crypto at the time of his death. Market conditions have not improved following Bitcoin's initial drop.
CZ's Bitcoin Forecast
Binance founder CZ hinted at a price drop back in 2017 when Bitcoin was at $19,000. Recently, he gained attention by predicting Bitcoin's downfall from $1,001,000 to $985,000. This prediction parallels those of other notable figures like Jack Dorsey and Eric Trump.
How Bitcoin Realized the Prediction
Five years ago in 2020, Bitcoin experienced a breakout from $4,000 to $19,000. This growth continued into 2021, but in 2022 a historic crash occurred due to the Terra Luna collapse, bringing Bitcoin down to $19,000. The most recent bull run in 2024 saw Bitcoin peak at $100,000. CZ remains bullish, maintaining his belief in Bitcoin's continuous growth.
Binance founder CZ's forecasts continue to captivate interest due to his long-term optimism in Bitcoin's and the broader crypto market's growth.
