Bitcoin Could Break Four-Year Cycle This Year, Says Binance CEO CZ
Binance co-founder Changpeng Zhao told CNBC on Friday that he believes Bitcoin will break its traditional four-year cycle this year due to increased crypto-friendliness from the U.S. and other nations. Responding to a question about Bitcoin’s price trajectory, Zhao acknowledged short-term unpredictability but expressed confidence in long-term growth, stating, “We’re going to go up.” He also referenced Ark Invest CEO Cathie Wood’s forecast of BTC reaching $300,000 to $1.5 million by 2030, agreeing with the potential for a supercycle this year. Zhao noted that the next Bitcoin halving is not expected until April 2028, suggesting new all-time highs could occur before then. Additionally, he discussed advising governments on crypto regulation and his personal projects, including Giggle Academy and mentorship within the BNB Chain ecosystem.