Binance founder Changpeng Zhao (CZ) recently stated that Bitcoin reaching $200,000 is “the most obvious thing in the world.” Shortly after, crypto analyst Rekt Fencer expanded on that optimism, forecasting that Bitcoin could climb as high as $240,000 by the end of 2026.
CZ’s $200,000 Bitcoin Outlook
Despite Bitcoin currently trading well below its all-time high, CZ expressed strong confidence in its long-term trajectory. While he acknowledged uncertainty around the exact timing, he emphasized that reaching the $200,000 level is, in his view, inevitable.
His comments come amid shifting regulatory dynamics in the United States. The Senate Banking Committee is currently reviewing the CLARITY bill, although a planned vote scheduled for January 15 has been delayed.
CZ also pointed to the U.S. Securities and Exchange Commission (SEC) removing virtual assets from its 2026 priority risk list as a major bullish signal. He described this development as a possible catalyst for a new “super cycle” in digital assets.
Why It Matters: Analysts Reinforce the Bull Case
CZ is not alone in his optimism. Rekt Fencer, a crypto market analyst with more than 336,000 followers on X, shares a similarly bullish outlook and provides a clearer timeframe.
According to Fencer, Bitcoin could reach $200,000 before the end of 2026, with his technical analysis suggesting a potential upside target near $240,000. He believes Bitcoin is capable of repeating the type of explosive growth seen during the 2020 bull market.
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