Binance Founder CZ Shares Bitcoin Prediction Amid Market Downturn
Binance founder Changpeng Zhao (CZ) recently took to Twitter to make a new Bitcoin price prediction as the cryptocurrency market experiences a significant decline.
Key Highlights:
- Bitcoin dropped to $85,000 for the first time in 2025, continuing its downward trend.
- Ethereum has fallen to $2.4K, while Solana hovers near the critical $100 support level.
- CZ revisited his 2017 tweet, where he anticipated headlines about Bitcoin price crashes during its rally to $19,000 at the time.
- He followed up with a futuristic Bitcoin prediction, joking about a drop from $1 million to $985K, sparking major community interest.
Market Conditions and Crypto Community Reaction
The crypto market remains on edge after the latest downturn, with Bitcoin’s decline impacting the broader market. Adding to the tension, news of a Chinese citizen murdered in a South Korean luxury hotel, allegedly over a crypto deal, has sent shockwaves through the industry.
As the market faces volatility, traders recalled CZ’s past predictions. His latest remark aligns with similar $1M Bitcoin forecasts previously made by Jack Dorsey and Eric Trump, making him the third major figure to suggest such a scenario.
Has Bitcoin Followed CZ’s Predictions?
Bitcoin has historically experienced cycles of extreme highs and lows. In 2020, it surged from $4,000 to $19,000, followed by a strong bull run in 2021. However, 2022 saw a massive crash, partly triggered by the Terra Luna collapse, bringing Bitcoin down from $61K to $19K.
The most recent bull market in 2024 propelled Bitcoin past the $100K milestone, reinforcing the long-term optimism many investors share. CZ himself reaffirmed his bullish stance, stating he has been positive on Bitcoin for the past 12 years and intends to remain so.
