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Binance CEO Expects Crypto Market Recovery in 2023

On the question of whether Bitcoin (BTC) will hit $1 million, he said, “anything can happen.” The potential size of a new market can not be compared with the size of an existing market, he added. The Binance CEO expects crypto market recovery in 2023 after the negative events that happened in 2022. The industry is now healthier compared to an year ago, he stated.  

CZ predicted that over the coming years, crypto adoption could see a pattern of exponential increase. However, he felt slow growth would be better considering the regulatory resistance and fear.

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