Changpeng Zhao, CEO of Binance, cast doubt on the prediction of Bitcoin price after its fourth halving provided by AI-chatbot ChatGPT. Zhao pointed to previous halvings to show the potential for a price rally in the cryptocurrency markets. He disagreed with the prediction of Bitcoin surpassing $100,000 in 2024. ARK Invest CEO Catherine Wood holds a different view and believes that Bitcoin will hit $500,000 by 2026, and $1 million by 2030.
Changpeng Zhao - CEO of Binance - shares his thoughts about the upcoming Bitcoin halving event and its effects on BTC price. CZ's opinion is that historical data can be misleading and suggests to not rely solely on it. Binance is the leading cryptocurrency exchange globally, offering services from spot transactions to margin trading. Discover more about CZ and make informed decisions!
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