Binance CEO promises bitcoin to grow to its maximum

Changpeng Zhao, CEO of the cryptocurrency exchange Binance, is convinced that bitcoin will return to $ 69,000. Zhao told The Guardian about this.

He said that according to his own estimates, bitcoin will be able to return to its previous high of $ 69,000 within two years. «I think that given the price drop from $ 69,000 to $ 20,000, it will take some time for bitcoin to return to its previous value. It will probably take a few months or a couple of years, but it will happen,» Zhao shared his opinion.

The Binance founder also added that one should not panic and think that the price of $ 20,000 per coin is bad. After all, «if people had learned in 2018 that bitcoin would be worth $ 20,000 in 2022, they would have been very happy.»

Proof that Changpeng Zhao sincerely believes in the growth of bitcoin’s value is his recent advice to investors to buy BTC. According to Zhao, anyone who buys BTC now will make a big profit in the future.