Head of Binance: Fed policy will push BTC price to $ 100,000

Amid the launch of the money machine, Binance CEO Changpen Zhao predicts Bitcoin growth to $ 100,000.

The Federal Reserve and banks around the world are gradually pouring more and more fiat money into their economies.In this way, they try to mitigate the effects of economic inactivity through preventive and precautionary measuresagainst COVID-19. 

Quantitative easing helped stabilizesome economies. Donald Trump recently announced a government decision to invest $ 1 trillion in the US economy as the fight against COVID-19 continues.

CZ tweeted that with this state of the economy, bitcoin couldIt's easy to reach a capitalization of $2 trillion. 

Zhao also noted that most of the BTC is notIt’s sold, but in the hands of Hodlers, so even a small part of $ 2 trillion in cash injections into the cryptocurrency market will help the market raise its capitalization to this point.

Not everyone in the community shares Zhao’s bullish disposition, but, as the market has shown in the past, over-supplying fiat money always leads to a shortage of bitcoin and a sharp increase in its price.