Binance’s Changpeng Zhao says bitcoin will ‘break’ the four-year cycle this year

Binance co-founder Changpeng Zhao told CNBC on Friday he believes bitcoin will break its four year cycle this year because the U.S. and other countries have become crypto-friendly. “If you are looking at today, tomorrow, on a daily basis, there’s no way I can predict” which way the price of bitcoin is going to go, the crypto exchange founder said in response to Squawk Box’s Andrew Ross Sorkin question over his forecast for BTC this year. “If you look at the five, ten year horizon, it's very easy to predic ...