Bitcoin (BTC) Could Soar to $500,000—or Even $1 Million in the Current Market Cycle

Changpeng Zhao (CZ), founder of Binance, believes Bitcoin (BTC) could soar to $500,000—or even $1 million in the current market cycle.

Changpeng Zhao, better known as CZ, founder of Binance, predicts that Bitcoin (BTC) could reach $500,000—or even $1 million—in the current market cycle.

In an interview, Zhao elaborated on his bullish thesis, attributing the potential surge to several factors, including increasing institutional interest, advancing regulatory clarity, and broader mainstream adoption.

“The momentum is here. The infrastructure is ready,” Zhao stated optimistically.

While he refrained from making a specific price prediction by a certain date, CZ implied that the conditions are optimal for BTC to make a significant move.

With Bitcoin ETFs approved in the U.S. and sovereign wealth funds investing in crypto, Zhao believes the scene is set for massive capital infusions. Traditional financial institutions are no longer spectators—they’re actively participating.

Zhao further highlighted the role of regulatory clarity in reducing risk and encouraging the participation of more risk-averse investors. As governments worldwide set up frameworks for digital assets, major players feel more comfortable engaging.

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Discussing new use cases for BTC and Binance Coin (BNB), which he sees expanding beyond speculation, Zhao shared his goal to broaden the utility of core crypto assets.

Without disclosing specifics of the use cases, CZ’s vision aligns with a broader industry initiative to move cryptocurrencies out of the shadows and into mainstream applications, such as cross-border payments, tokenized assets, and DeFi protocols.