Binance co-founder Changpeng Zhao, who is also known as “CZ,” says that there could be a Bitcoin “supercycle” in 2026.
The crypto executive made the prediction during an interview on CNBC Squawk Box at Davos.
BTC has been stuck in a downtrend recently, and has dropped over 5% in the past week.
BTC price (Source: CoinCodex)
As a result of that decline, the largest crypto by market cap trades below the $90K mark at the time of writing.
Despite the recent slump, CZ has a bullish long-term outlook.
CZ Says “We’re Going To Go Up” on the 10-Year Horizon
The Binance co-founder was asked whether Bitcoin’s price could soar towards the $1 million mark, which has been a target floated by several analysts and industry leaders in recent months.
CZ replied by saying that it's difficult to predict, and said it really depends on what time horizon investors are focusing on. If looking at the daily horizon, so what BTC’s price will be tomorrow, then there is “no way” such a strong move can happen.
However, he went on to say that over the long-term, Bitcoin’s price will most likely “go up.”
CZ then shifted his focus to the 1-year horizon, which is commonly used by analysts that deliver BTC price predictions. The Binance co-founder said that he has a “very strong” feeling that there will be a “supercycle” for Bitcoin in 2026.
This Cycle Could Be Different Because of Pro-Crypto Policy in the U.S.
When asked to elaborate on what he means by “supercycle,” CZ noted that Bitcoin usually follows a 4-year cycle.
He then pointed to the pro-crypto policy being introduced in the U.S. and noted that other countries are starting to follow America’s lead. CZ said that this will likely lead to Bitcoin breaking its historical 4-year cycle.
Since entering the White House for a second term in January 2025, Donald Trump has started delivering on his campaign promises to make the U.S. the “crypto capital” of the world.
Not only did Trump sign an executive order to create the U.S. Strategic Bitcoin Reserve, he also established a White House Digital Asset Working Group.
That group has since handed down recommendations to regulatory agencies such as the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) on how to better regulate the digital asset space.
Both agencies have started implementing the recommendations as well. The SEC unveiled its “Project Crypto” initiative, while the CFTC unveiled its “Crypto Sprint” initiative. These are both aimed at carrying out the recommendations made by the White House working group.
CZ Would Do This One Thing Differently if He Had To Start Over
To cap the interview off, the interviewer asked CZ what he would do differently if he had to do it all over again.
CZ jokingly replied that he would block U.S. users from using Binance, likely in reference to the legal trouble that he and the platform have faced in the past.
