Changpeng Zhao, founder of Binance, voiced a highly optimistic view of Bitcoin’s 2026 market, arguing that Bitcoin could break its historical four-year cycle of peaks and declines and enter an unprecedented super-cycle. Returning to prominence after a presidential pardon, Zhao appeared on Squawk Box on January 23, 2026 to outline his views. He argued that the friendlier stance toward cryptocurrencies by the U.S. and other countries could fundamentally alter the market rhythms that have governed Bitcoin prices since its inception. CZ emphasized that such regulatory changes represent a departure from the traditional cycles that have defined Bitcoin since its creation.
Historically, Bitcoin has seen a roughly four-year cycle around halving events, during which supply tightens and prices rise. Zhao said 2026 could be an exception to this trend, asserting that the era of the standard four-year cycle may be broken. In the interview, he stated, “Because the United States is taking a very favorable stance toward crypto assets and other countries are following suit, we are likely to witness the breaking of the traditional four-year cycle this year.” He noted that he does not trade Bitcoin in the short term and remains focused on a long-term Hodl approach, alongside Binance’s native token, BNB.
At the time of writing, Bitcoin was trading around $89,380 after retreating from earlier highs near $97,000 to $98,000. Technically, the price was showing bearish signals, trading below the Ichimoku cloud and major EMA levels. The key level to watch is around $88,000; if this support holds, bulls could re-enter and push for a rebound. Conversely, if the current support in the $90,000–$91,000 range gives way, the price could fall below $88,000 toward $85,000.
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