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Changpeng Zhao's Bitcoin Target: $1 Million?

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by Giorgi Kostiuk

3 hours ago

Changpeng Zhao, founder of Binance, shares his thoughts on Bitcoin's future price, reflecting on an old tweet hinting at significant growth.

2020 Tweet History

In 2020, Changpeng Zhao joked about newspapers reporting Bitcoin's fall from $101,000 to $85,000, despite being well below $100,000 at the time. This joke attracted attention as $100,000 seemed a utopian target.

New Optimistic Target

Today, Changpeng Zhao revived the joke, adapting it to today's conditions. He suggested anticipating reports of Bitcoin's fall from $1,001,000 to $985,000, implying $1 million could be the new goal.

Waiting for newspapers to report Bitcoin's fall from $1,001,000 to $985,000.Changpeng Zhao

Current Market Trends

Amid Zhao's remarks and trade news, like the revival of customs tariff debates led by Donald Trump, Bitcoin and other markets have declined, with Bitcoin dropping below $87,000.

Changpeng Zhao's comments fuel expectations of Bitcoin reaching $1 million, yet market conditions remain volatile.

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