More recently, we have seen bitcoin in the top media headlines around the world. One of the reasons for this is the sharp price spike. It has recently reached its peak in 2020. After a sharp fall in March, the price dropped to $ 3,900, now it has returned to near $ 12,000. It still seems too slow for some people.
According to Changpeng Zhao (CZ), the founder of Binance, the global crypto exchange. It has been said that the slow rise in Bitcoin prices makes it a stablecoins, although this year's yields are very good. He posted on Twitter below saying
The mood in the market that sees the price rise
In Mr CZ's view, he sees a huge uptrend right now. Which every time the price is increased It will become the new normal for everyone, resulting in everyone seeing that the price will continue to increase after this.
CZ is not the only one who thinks Bitcoin's price is going to go wild. But there are still many famous analysts who view the Bitcoin price on the rise. Where the price could reach $ 100,000 or even $ 1 million