In the volatile universe of cryptocurrencies, there is possibly no opinion so precious as Changpeng Zhao, aka CZ, founder of and former chief of Binance. With his trend intuition in the market and humor, CZ is best positioned to blend humor among Bitcoin trend predictions. This article is an in-depth discussion of Changpeng Zhao’s (CZ) Bitcoin pricing forecasts, which include his call for 2020 and his latest call on Bitcoin reaching an all-time high of $1 million and subsequently crashing down to $985,000.
Did CZ just predict Bitcoin will make it to $1M?
CZ’s Playful Critique of Sensationalism
His recent X posts exemplify this duality, poking fun at sensationalist media headlines while hinting at Bitcoin’s real potential to reach astronomical heights. On February 25, 2025, CZ tweeted,
“Waiting for the new headline: #Bitcoin ‘CRASHES’ from $1,001,000 to $985,000.
Save the tweet.”
Quoting a similar post from December 2020 where he predicted,
“Waiting for the new headline: #Bitcoin ‘CRASHES’ from $101,000 to $85,000.
Save the tweet.”
While these observations come in a jesting criticism of media hyperbole, they nonetheless support CZ in his projections of Bitcoin growth in the long term, using market trends and expert forecasts.
The recent X post of CZ
In 2020, when Bitcoin moved between $23,000 and $29,000, his call of a drop of between $101,000 and $85,000—a 15.84% drop—was wishful thinking, though prescient. In January of 2025, Bitcoin reached an all-time record of $109,026, which it went on to give away, trading between a range of $90,000, a 17.43% drop, eerily similar, though a little short on point, to CZ’s percentage call. This near-validation of his call in 2020 is a tribute to CZ’s market acumen, though made in jest.
His 2025 tweet intensifies the humor, envisioning a future in which a mere 1.6% drop from $1,001,000 to $985,000 is considered a “crash.” In a follow-up reply, CZ clarified,
“As market caps increase, the drops (or volatility) decrease. A 2% drop will make headlines by then. Let’s see.”
CZ’s replies on his post
This underscores his satirical critique of media sensationalism while subtly acknowledging Bitcoin’s potential to reach such heights. The jest highlights how, at higher price levels, even small percentage drops become newsworthy due to their massive dollar value, a phenomenon that could surprise investors accustomed to larger swings at lower prices.
Bitcoin’s Real Potential: Could It Hit $1 Million?
While CZ’s tweets are humorous, they are grounded in Bitcoin’s real potential to reach $1 million, a milestone many experts consider plausible by 2030. As of February 26, 2025, Bitcoin trades between $88,000 and $97,000. Reaching $1 million would require a 10x increase, but several factors suggest this is achievable.
Institutional Adoption and Regulatory Clarity
Institutional interest in Bitcoin has surged, with companies like MicroStrategy holding billions in Bitcoin and U.S. regulators approving Bitcoin ETFs. Reports indicate that a strategic Bitcoin reserve, as proposed by figures like Wyoming Senator Cynthia Lummis, could further drive demand. Favorable policies under the Trump administration, including exploring a U.S. cryptocurrency stockpile, could solidify Bitcoin’s status as a reserve asset.
Economic and Supply Dynamics
Inflation and economic uncertainty have pushed investors toward Bitcoin as a “digital gold,” a store of value with a capped supply of 21 million coins. Bitcoin halving events, occurring approximately every four years, reduce the mining reward, tightening supply and historically boosting prices. By 2030, 98% of Bitcoin’s supply will be mined, creating scarcity that could propel its value upward.
Improvements like the Lightning Network enhance Bitcoin’s scalability, enabling faster and cheaper transactions. This could attract more users, supporting higher prices. However, risks like regulatory bans, competition from altcoins, and energy concerns over mining remain.
Expert predictions bolster CZ’s optimism. Cathie Wood of ARK Invest forecasts Bitcoin could hit $1.5 million by 2030, assuming continued ETF inflows and global adoption. Changelly predicts a maximum of $574,902 by 2030, while InvestingHaven sees it exceeding $200,000, all suggesting $1 million is within reach. Given Bitcoin’s 2025 trajectory—reaching $109,000 and holding above $90,000 despite volatility—the path to $1 million appears plausible, though timing remains uncertain.
Implications of Bitcoin Reaching $1 Million and Dropping to $985,000
If Bitcoin hits $1 million, it would mark a seismic shift in financial markets. Its market capitalization would reach $21 trillion, surpassing gold’s $13.5 trillion and rivaling major economies’ GDPs. Early investors and miners could see life-changing wealth, with a Bitcoin purchased for $100 in 2010 worth $1 million—a 10,000x return. Institutional adoption would likely accelerate, cementing Bitcoin as a mainstream asset class and hedge against inflation.
However, a drop to $985,000—a 1.6% decline—would be a minor correction, typical in crypto markets. Investors who bought at lower prices would remain highly profitable, while those entering near the peak might face small losses. The market would likely stay bullish, viewing this as a buying opportunity rather than a crash. CZ’s humor in labeling it a “crash” underscores how media perception shifts at higher prices, where even a $16,000 drop grabs headlines due to its absolute value.
Will We See Another CZ Tweet at $10 Million?
If Bitcoin continues its upward trajectory, reaching $10 million is theoretically possible but highly speculative. Experts like Cathie Wood and Max Keiser have floated such figures, but they depend on unprecedented adoption and economic conditions. Assuming Bitcoin hits $1 million by 2030 and grows further, CZ might post another satirical tweet, like “Waiting for the new headline: #Bitcoin ‘CRASHES’ from $10,001,000 to $9,985,000. Save the tweet.” This would maintain his pattern of mocking media sensationalism while reflecting Bitcoin’s potential for exponential growth.
However, reaching $10 million would require a 100x increase from current levels, facing significant barriers like market saturation and regulatory hurdles. It’s a distant possibility, but CZ’s humor could make it a memorable moment if it happens.
Conclusion
CZ’s 2020 Bitcoin drop of 15.84% nearly came true when Bitcoin in 2025 lost 17.43%, and his $1 million call is on track based on expert predictions. If Bitcoin is worth a million dollars and it falls down to $985,000, it will cement its position as a big asset, and slight corrections will be a norm.
So, can Bitcoin ever reach $1 million? The data indicates yes, by 2030, on account of institutionally driven adoption, supply shortages, and monetary factors, although investors must exercise caution and perform detailed studies considering the volatile market.
