According to CoinMeta, former CEO of Binance, CZ, stated that Bitcoin will surpass gold in market value during the next bull market and predicted that the $1 million milestone will be achieved before 2025. The CEO of Coinbase, Brian Armstrong, once forecasted that Bitcoin could reach $1 million by 2030, but after a price drop of about 30%, he revised his prediction to $300,000 to $400,000. CZ claimed in 2022 that Bitcoin was not dead and predicted a bull market in 2025. This month, Armstrong indicated that there is a high likelihood that Bitcoin will reach $100,000 by the end of this year.