Bitcoinist
2026-01-17 01:00:47

Binance Founder Shares Thoughts On Bitcoin Price Reaching $200,000

Binance founder Changpeng Zhao (CZ) believes that the Bitcoin price could still reach $200,000 . This bullish prediction comes after the cryptocurrency has seen years of strong performance, climbing past $126,000 and setting a new all-time high in 2025. With ETFs driving demand, whales accumulating , and global adoption steadily rising, a surge to $200,000 seems inevitable for the crypto founder. Binance Founder Predicts Bitcoin Price Could Hit $200,000 Bitcoin spent the past few years in a major uptrend, reaching multiple ATHs after the launch of Spot Bitcoin ETFs in January 2024. Following this, adoption and demand for the cryptocurrency skyrocketed , and for months, its price continued to appreciate with minimal pullbacks. In 2025, Bitcoin hit a peak above $126,000 . While many anticipated this achievement, some raised doubts , especially critics like Peter Schiff. Against this backdrop, the recent statement by CZ foresees another significant milestone for BTC that some analysts still believe won’t happen , at least not for another couple of years. Although Bitcoin has since shed a significant portion of its gains since its peak, the Binance founder has boldly stated that BTC reaching $200,000 is “the most obvious thing in the world.” He emphasized that it was only a matter of time before the Bitcoin price rises to this level, representing almost double its current ATH. While CZ acknowledged that the exact timing of the projected rally remains uncertain, his confidence in Bitcoin’s long-term outlook remains unwavering. Notably, CZ’s bullish prediction for Bitcoin comes as the US regulatory landscape continues to evolve, aiming to create a safer, potentially bullish environment for digital assets. With bills like the CLARITY Act under consideration , the crypto market could benefit from clearer guidelines, increased institutional adoption, and greater investor confidence. Although the bill was initially scheduled for a vote by the US Senate Banking Committee on January 15, the decision was ultimately delayed , leaving the timeline for regulatory clarity uncertain. Related Reading: Why The $2.9 Billion Bitcoin Whale Buy Could Spell Doom For The Market In addition to his bullish Bitcoin forecast, CZ has also predicted that a crypto “ Super Cycle ” could be approaching. The Binance founder pointed to recent developments involving the US Securities and Exchange Commission (SEC) as a key factor behind his optimism. He highlighted a report on X, revealing that the SEC had officially removed crypto from its 2026 priority risk list, a move that could provide the industry with greater regulatory relief and create more room for future bullish growth. Analyst Forecasts $200,000 BTC In 2026 Sharing a similar outlook to CZ, a popular crypto analyst, Rekt Fencer, who has over 336,000 followers on X, has also predicted that Bitcoin could surge to $200,000. Despite the broader crypto market still recovering from a prolonged bear market, the analyst remains confident in BTC’s near-term prospects, noting that the cryptocurrency could replicate its explosive growth seen during the 2020 bull cycle . Unlike CZ, who has not provided a specific timeline for his $200,000 forecast, Rekt Fencer believes that BTC could hit this level before the end of 2026. His price chart even points to a potential target of $240,000, which he suggests Bitcoin could reach without major dumps.

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