Binance founder Changpeng “CZ” Zhao believes the current all-time highs for Bitcoin are just the beginning. Speaking to investors this week, CZ said, you might be excited by the current Bitcoin ATH. In a few years, this will be just a fraction. His comments highlight a growing conviction that Bitcoin’s long-term trajectory is still vastly underestimated.
Why CZ sees much higher levels ahead
CZ pointed to several structural drivers that could make today’s record prices look modest in hindsight. He underlined the fixed supply of Bitcoin, rising institutional allocations, and policy shifts in major economies that are opening the door to broader crypto adoption.
In past remarks, he has suggested Bitcoin could reach $500,000 to $1 million in this cycle, fueled by large-scale capital rotation and the asset’s unique appeal as programmable, borderless money.
A call for investors to zoom out
For retail and professional investors alike, CZ’s outlook is a reminder not to let short-term euphoria or corrections distort the bigger picture. He noted that temporary pullbacks are normal, often clearing out overleveraged positions and setting up healthier bases for the next rally.
Long-term fundamentals remain in focus
Despite day-to-day volatility, the core thesis around Bitcoin’s scarcity and its emerging role as a macro hedge continues to strengthen. As institutions deepen exposure and regulatory clarity improves in markets like the U.S., many see this as just the early stages of a multi-decade financial evolution.
