RATE Group | Binance CEO Makes Rare Price Prediction—Says This Is When To Buy Bitcoin
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Binance CEO Makes Rare Price Prediction—Says This Is When To Buy Bitcoin

Binance CEO Makes Rare Price Prediction—Says This Is When To Buy Bitcoin

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Bitcoin, along with the surging wider cryptocurrency market, has had an incredible start to the year.

The bitcoin price has rallied around 50% since January 1, with some smaller cryptocurrencies making surprise triple-digit percentage gains, and many bitcoin bulls think it still has further to go—though problems could be on the horizon.

Now, Changpeng Zhao, the widely-respected founder and chief executive of the world’s biggest bitcoin and cryptocurrency exchange Binance, has broken his rule against market forecasting to predict “the bitcoin price will likely increase.”

“I personally believe the halving has not been priced in,” Changpeng Zhao, often known simply as CZ, told bitcoin, cryptocurrency and blockchain video news site BlockTV this week, adding he “doesn’t usually give market predictions”…

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