📉 Binance boss doubts BTC will reach new high before end of 2024 due to upcoming halving.
- Binance CEO Changpeng Zhao (CZ) believes that a new all-time maximum (ATH) for Bitcoin will not occur before 2025.
- CZ says the market may be ready for a bullish rally after the halving, but history doesn't predict the future.
- Bitcoin is currently trading at $27,508, 60% below its ATH reached in November 2021.
- The next Bitcoin halving is expected in April 2024, the block reward will decrease from 6.25 to 3.125 BTC.
- Binance CEO Changpeng Zhao (CZ) believes that a new all-time maximum (ATH) for Bitcoin will not occur before 2025.
- CZ says the market may be ready for a bullish rally after the halving, but history doesn't predict the future.
- Bitcoin is currently trading at $27,508, 60% below its ATH reached in November 2021.
- The next Bitcoin halving is expected in April 2024, the block reward will decrease from 6.25 to 3.125 BTC.