Binance's CZ Predicts 2026 Bitcoin Supercycle, Price Target Could Reach $200,000
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 1h ago
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Source: Coinmarketcap
- Bitcoin Supercycle Prediction: Changpeng Zhao firmly believes that 2026 will mark a supercycle for Bitcoin, attributing this potential to the surge in support for the crypto industry from the U.S. under Trump's leadership, which could lead to significant market volatility beyond the typical four-year cycle.
- Price Target Setting: While Zhao did not specify a price target, Ripple CEO Brad Garlinghouse and BitMEX co-founder Arthur Hayes have set ambitious targets of $180,000 and $200,000 respectively, reflecting a bullish sentiment in the market regarding Bitcoin's future.
- Clarification on Trump Relationship: During an interview with CNBC, Zhao denied any relationship with Trump, asserting that the $2 billion investment from MGX via the USD1 stablecoin was a misunderstanding, and his closest encounter with Trump was merely 30-40 feet away at Davos.
- Increased Market Confidence: Zhao indicated that with growing support for the crypto industry, Bitcoin's price is expected to rise over the next 5-10 years, further bolstering investor confidence in the market.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
