Binance CEO: Bitcoin price will reach $16,000 soon

Changpeng Zhao, CEO of Binance, the world’s largest crypto exchange by trading volume, has come out with a new price prediction for bitcoin.

On Twitter, he writes that he believes that the world’s biggest cryptocurrency will soon reach a value of $16,000.

“Lol, price predictions are easy. It’s just hard to be right about the timing. We will see $16k soon-ish. 1.4 billion people working on it as we speak”, Changpeng Zhao writes on Twitter.

The tweet was a response to another tweet that pointed out that a bitcoin price prophecy that had previously received some attention did not turn out to be true.

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