The Bitcoin Halving: A Look Back at CZ's Predictions
As the highly anticipated Bitcoin halving approaches, let's revisit the insights and forecasts shared by Changpeng Zhao (CZ), the former CEO of Binance. Just hours before this significant event, it's intriguing to reflect on CZ's views on the potential impact of the halving on the cryptocurrency market.
What did CZ predict? Will his expectations align with the outcome? Stay tuned to find out!
Former Binance CEO CZ;
"What happens in Bitcoin Halving?
I can't predict the future. This is my experience based on the last 3 halvings.
1. A few months before the Bitcoin halving (from now on), there will be more and more talk, news, worries, expectations, hype, hopes, etc.
2. The day after the halving, Bitcoin price will not double overnight. And people will ask why not.
3. The year after the halving, the Bitcoin price will hit multiple ATHs (all-time highs). And people ask why. People have short memories.
I'm not saying there is a proven causality. And history doesn't predict the future.
#BitcoinHalving #CZ #Binance #Cryptocurrency #MarketPredictions