Binance Founder CZ Says the 4-Year Bitcoin Cycle Is Over — Predicts a Potential Bitcoin Supercycle
Binance founder CZ suggested the traditional 4-year Bitcoin cycle may be ending, predicting a potential 'supercycle' driven by institutional adoption.Summary
Speaking at the Bitcoin MENA conference, Binance founder Changpeng Zhao (CZ) argued that the current Bitcoin adoption cycle is fundamentally different from previous ones due to significant institutional engagement, contrasting with earlier retail-dominated waves. He suggested that external macroeconomic factors, such as potential U.S. rate cuts and quantitative easing, might now influence Bitcoin's trajectory more than historical patterns, leading to a potential "supercycle." CZ sees institutional participation, alongside developments like crypto cards and stablecoins, as complementary to Bitcoin's grassroots origins, reinforcing its role as a global reserve currency. He also briefly discussed his personal journey, including legal challenges and his pardon by President Trump, while emphasizing his continued focus on industry education and innovation through initiatives like Giggle Academy.
(Source：Bitcoin Magazine)