Changpeng Zhao, the former CEO of Binance, recently made bullish predictions regarding Bitcoin's future during a talk in Dubai. He stated that Bitcoin's market capitalization should surpass that of gold, which currently stands at approximately $19 trillion. Zhao suggested that this could imply a Bitcoin price target of $1 million. Additionally, he emphasized the growing adoption of Bitcoin, asserting that it should simply be referred to as 'money' due to its ease of use compared to gold. Zhao's remarks were echoed by other industry figures, including the former CEO of Binance, who expressed optimism for Bitcoin reaching significantly higher values than its current price of $100,000.