Ready! Binance CEO Predicts BTC 'To The Moon' In 2025!
<p> "Wow how confident you are CZ, I hope his prediction comes true."</p><p><br /></p><p>Many investors expect the price of cryptocurrency king Bitcoin (BTC) to see a bullish move after the halving event, but the question now is when exactly is the time for the digital asset to kick into action.</p><p><br /></p><p>During the "Ask me anything" session on Twitter, Binance Chief Executive Officer (CEO) Changpeng Zhao (CZ) believes that BTC will jump drastically in 2025 but it should be noted that the halving event will take place in April 2024.</p><p><br /></p><p>While famous crypto analyst PlanB revealed his optimal strategy saying that investors should buy BTC six months before the halving and sell it 18 months later.</p><p><br /></p><p><br /></p><p>In addition, analyst Gigi Sulivan from CryptoQuant who uses stock-to-flow (S2F)* capital on BTC believes that the price of the digital asset can reach $160,288 to $206,824 during the fourth halving.</p><p><br /></p><p>*A commonly referenced metric that shows new supply of assets being created, compared to existing supply</p><p><br /></p><p>S2F's predictions for the previous two halving events were significantly lower than the actual peaks witnessed in the cycle suggesting that BTC has the potential to reach $260,000.</p><p><br /></p><p>There is no denying the increase in retail and institutional investors in the crypto market is very clear after the entry of major players such as BlackRock and Fidelity managed to add more bullish momentum.</p><p><br /></p><p>As of this writing, BTC price has plunged by 1.29% to $30,121 in the last 24 hours with a market capitalization of $585 billion further recording a 1.99% decline over the past week.</p>
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