Changpeng Zhao predicts Bitcoin will reach $1M much sooner than 25 years, expecting digital assets to eventually comprise over 50% of strategic holdings.
Macro & Markets ·
Changpeng Zhao stated at a Hong Kong conference that Bitcoin will reach $1 million in far less than 25 years, saying the milestone "is gonna happen much quicker." Zhao predicted Bitcoin will eventually surpass gold in importance and that digital assets will comprise more than 50% of sovereign reserve allocations, though the shift will require time given gold's entrenched role in major economies' financial systems. According to CryptoQuant analysis cited in reporting, Bitcoin may be entering a new bull-market phase if it closes daily above $83,000.