<ul><li>Binance founder and former CEO Changpeng “CZ” Zhao predicts a potential bullish breakout for Bitcoin, with the price reaching $1 million in the current market cycle.</li><li>Zhao believes that Bitcoin still has significant upside potential despite its current value of over $94,000, estimating a surge to between $500,000 and $1 million within this cycle.</li><li>He attributes this expected price increase to factors such as the role of spot Bitcoin exchange-traded funds (ETFs) and the growing institutionalization of Bitcoin, which attracts traditional institutional money into the crypto market.</li><li>Zhao also mentions the increasing acquisition of Bitcoin by nation-states and the favorable shift towards crypto under a pro-crypto US president as additional factors contributing to the positive price momentum.</li></ul>

Ex-Binance CEO CZ Calls For Bitcoin’s Mega Leap To $1 Million In This Market Cycle

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