Chang Peng Zhao and Bitcoin prediction

Chang Peng Zhao and Bitcoin prediction , the CEO of the world’s largest centralized exchange predicted the price of Bitcoin after the Bitcoin halving event. The Binance exchange added the countdown seconds of the Bitcoin halving event to its homepage a few days ago. In this commotion, the CEO This exchange, Mr. Chang Peng Zhao, presented his prediction of the price of Bitcoin after halving. He analyzes that if Bitcoin repeats its past cycles, this currency can witness an increase in the rate. He continued his analysis and said that Bitcoin after halving Ash will reach its peak price in 2024

Chang Peng Zhao and Bitcoin prediction
Chang Peng Zhao and Bitcoin prediction

There are less than 200 days left until the Bitcoin halving event. CZ presents its prediction about the Bitcoin cryptocurrency as follows: if Bitcoin repeats the date of its halving event, its rate will grow significantly, and this means that the supply will decrease compared to the demand of Bitcoin at that time, it is better to interpret it this way, Bitcoin halving happens every 4 years on the Bitcoin network, which will result in the halving of the reward of Bitcoin miners Mr. Satoshi Nakamoto (Craig Wright) who It has recently been identified in the previous news that this process has been implemented to prevent inflation in the Bitcoin blockchain. The founder of the Binance exchange sees the peak of the price of Bitcoin after the halving, i.e. 2025. Do you agree with Changpeng Zhao’s prediction?

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