CZ’s Bombshell Prediction: Bitcoin Could Hit $1M—Wall Street’s Tissues at the Ready

Binance founder Changpeng Zhao just dropped a market-moving grenade: Bitcoin’s next bull run could send prices soaring to $500K—or even $1 million. Traders are already recalculating their exit strategies (and Wall Street bankers are quietly sobbing into their spreadsheets).

Why the insane price target? Scarcity meets institutional FOMO. With the halving slashing new supply and BlackRock’s ETF hoovering up coins, the math gets brutal for shorts. CZ’s track record adds weight—he called BTC’s 2021 peak within 10%.

The kicker? This isn’t moonboy hype. Zhao noted the $1M scenario requires ’perfect conditions’—like more Fortune 500 balance sheet allocations. But with macro tides turning, crypto’s barbell strategy just got heavier on the ’risk-on’ side.

One hedge fund manager sniffed: ’If true, my Porsche order’s going in today.’ Meanwhile, gold bugs are refreshing their LinkedIn profiles.