CZ: The Current ATH of Bitcoin Is Just "The Tip of the Iceberg" – The Price Will Rise Even More Strongly

In a recent post on the social media platform X, Changpeng Zhao (CZ) – the co-founder of Binance – expressed his strong belief that the price of Bitcoin will rise much higher than its current peak. According to CZ, the record price that Bitcoin is recording today may become “meaningless” in the future – similar to how past ATH milestones were once considered great but are now just a small number.

Celebrating Cá Bhân and the Changes in the Market CZ shared that he bought Bitcoin in 2014 – a time when this cryptocurrency was still little known – and held it for 3 years, until BTC first surpassed the $1,000 mark in 2017. At that time, the entire cryptocurrency industry regarded it as a great achievement. However, just less than a decade later, that price of $1,000 is now only 1/122 of the current value of Bitcoin. According to data from TradingView, at the time this article was published, BTC was trading around $122,156, reflecting remarkable growth in value throughout the development of this coin. The Boom Due to Institutional Money One of the factors changing the landscape of the market, according to evaluations by CZ and many experts, is the wave of institutional investment. The approval by the U.S. Securities and Exchange Commission (SEC) of a series of Bitcoin spot ETFs (spot ETFs) at the beginning of 2024 has become a strong impetus for Bitcoin to enter a new growth cycle. This event not only helps to reinforce investors’ trust in the legitimacy and safety of Bitcoin but also attracts billions of USD from major global financial institutions – those who previously stood outside the cryptocurrency game. Since the approval of the ETF, the price of Bitcoin has increased by over 215%, an impressive figure in the context of the global financial market still facing many fluctuations. Notably, on the morning of last Monday, Bitcoin reached a new peak at $122,604 – an unprecedented historical high. BTC Still Hasn’t Reached Its Peak? Although Bitcoin has set a new record, many analysts, including CZ himself, believe this is not the final limit. With large countries and organizations continuing to expand their acceptance of cryptocurrency, combined with the increasingly scarce supply of Bitcoin due to the halving mechanism, many experts believe that BTC will continue to break new price peaks in the near future. CZ concluded: “What we are seeing today may seem too small when looking back in a few years. Bitcoin always has a way of surprising people.” Temporary Conclusion Bitcoin has come a long way – from the dreamy price of $1,000 in 2017, to the peak of $122,000 in 2025. But from the perspective of CZ and long-term investors, the journey of BTC is still just beginning. The increasing participation of institutional money and broader adoption worldwide could open a new era for cryptocurrency – where today’s ATH is just a modest starting point.