Bitcoin could stay below $69,000 peak for two years, says Binance boss
— Binance, Projects, Zhao, High, Peak, Digital, Boss, Think, Alltime, Blockchain, Stay, Crypto, Market, Bitcoin — 1 min read
Chief executive of Binance says bitcoin could stay below $69,000 for the next two years. He said people would have been “very happy” four years ago if told bitcoin would be $20,000 in 2022. The cornerstone crypto asset fell below that level at the weekend in a symbolic move that represented a wipeout of gains for many long-term bitcoin holders. Binance chief executive: “No one can predict the future’s future” Binance has been banned from undertaking any regulated activity in the UK by the Financial Conduct Authority, which said last year the firm was “not capable of being effectively supervised” Source