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Binance’s Changpeng Zhao says bitcoin will ‘break’ the four-year cycle this year
Yahoo Finance· 2026-01-23 18:00
Core Viewpoint - The co-founder of Binance, Changpeng Zhao, believes that Bitcoin will break its traditional four-year cycle this year due to increasing crypto-friendly policies in the U.S. and other countries [1][3]. Group 1: Bitcoin Price Predictions - Zhao stated that while daily price predictions for Bitcoin are challenging, the long-term outlook remains positive, with expectations of significant price increases over the next five to ten years [2]. - He expressed strong belief in a potential "supercycle" for Bitcoin this year, aligning with forecasts from other analysts predicting Bitcoin could reach between $300,000 and $1.5 million by 2030 [2][3]. Group 2: Regulatory Engagement - Zhao has been actively advising policymakers on crypto regulations, engaging with approximately a dozen governments on topics such as tokenization and stablecoins [4]. - The aim of these discussions is to help countries raise funds by offering portions of state-owned assets to citizens or investors, similar to previous asset sales by nations [4]. Group 3: Industry Outlook - Zhao highlighted a broader political shift towards a pro-crypto stance globally, which he believes is beneficial for both the crypto industry and the U.S. [5]. - He is also involved in personal projects, including a free education platform called Giggle Academy and mentoring founders within the BNB Chain ecosystem [5].