CZ Predicts Bitcoin's Future: A 'Super Cycle' May Arrive in 2026
Binance founder Zhao Changpeng (CZ) recently expressed his strong expectations for Bitcoin to enter a 'super cycle' in 2026. This judgment quickly sparked heated discussions in the market and reignited the debate about whether the long-term cycle of Bitcoin is changing.
The 'super cycle' mentioned by CZ is not a traditional short-term bull market, but rather a long-term upward phase driven by structural factors. He believes that the current environment for Bitcoin is significantly different from early cycles: institutional funds are continually entering, financial infrastructure is gradually improving, and changes in global policy attitudes are reshaping the supply and demand relationship.
From a macro perspective, expectations of monetary easing, the expansion of debt levels, and the demand to combat inflation are driving more long-term capital to view Bitcoin as a strategic asset. At the same time, the supply contraction effect brought by Bitcoin's halving mechanism continues to have an effect in the long term, while the demand side is more diverse than ever.
CZ also hinted that the traditional model of 'four years of bull and bear cycles' may be breaking down. As market participants shift from mainly retail to institutions and long-term capital allocations, the rhythm and amplitude of price fluctuations may change. The essence of the super cycle is the repricing process of Bitcoin as it gradually integrates into the global financial system.
Of course, CZ has consistently emphasized the importance of risk management. Even with the possibility of a super cycle, volatility remains inevitable. True opportunities often belong to those participants who can navigate through cycles and maintain a long-term perspective.