Changpeng Zhao predicts that Bitcoin may reach between 500,000 USD and 1,000,000 USD in this market cycle, driven by strong institutional interest and regulatory developments.
He notes that the approval of Bitcoin ETFs and increased participation from sovereign funds support this optimistic outlook, although he did not specify a timeline.
Zhao emphasizes the importance of decentralized infrastructure over centralized exchanges and reflects on personal growth during a challenging period in his life.
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