CEO of Binance, the world's largest cryptocurrency exchange by trading volume, made a notable prediction about Bitcoin on his X 3 (Twitter) account.

While Bitcoin was trading near US $98,000, Cz posted that he believed BTC could reach US $101,000, but warned it might drop to around US $85,000 first.

He stated: "Waiting for the new headline: Bitcoin 'PLUNGES' from $101,000 to $85,000.". Bitcoin did exactly that.