CZ Says Crypto Is Not Dead and Still Believes a Bitcoin Super Cycle Is Coming

TLDR

• Binance founder CZ says crypto is “absolutely not” dead despite recent market weakness
• CZ originally predicted a Bitcoin “super cycle” in 2026 back in January
• Bitcoin has dropped from near $80,000 to around $60,000–$64,000
• CZ avoids making specific price predictions but remains long-term bullish
• Analyst Ted Pillows says a Trump-Iran peace deal could trigger a Bitcoin price pump

Binance founder Changpeng “CZ” Zhao is standing by his long-term view on crypto, even as Bitcoin struggles to hold ground in 2026.

In a recent interview, CZ was asked to revisit comments he made in January, when he told CNBC that 2026 could be the year Bitcoin breaks its historic four-year cycle and enters a “super cycle.” At the time, Bitcoin was trading around $90,000. It has since fallen to the $60,000–$64,000 range.

The interviewer noted that “things are not looking good from where we sit today.” CZ acknowledged the weakness but pushed back on the idea that the market is broken.

What CZ Said in January

Speaking on CNBC’s Squawk Box on January 23, 2026, CZ laid out his case for a cycle break. He pointed to the United States becoming more pro-crypto under President Donald Trump, and said other countries were following suit.

Bitcoin has historically followed a four-year pattern tied to halving events, which cut the rate of new supply. Each cycle has produced a price peak followed by a major correction.

CZ said he does not actively trade Bitcoin. He holds it long-term, along with Binance’s native token BNB.

Where Bitcoin Stands Now

Bitcoin has been struggling to stay above $64,000 in recent trading sessions. It rallied from around $63,500 earlier in the day and was holding near $64,000 at time of writing.

Crypto analyst Ted Pillows posted on X that Bitcoin is sitting at a short-term resistance zone. He also pointed to geopolitics as a potential catalyst.

Back in January, when CZ made his original super cycle call, Bitcoin was near $90,000 after pulling back from a $97,000–$98,000 peak. At that point, analysts noted the price was sitting below key technical levels, with support around $88,000–$91,000 seen as critical.

That support has since broken down, with Bitcoin now trading roughly 30% below those levels.

CZ has not set a timeline for the super cycle. His current position is that it will happen, but he cannot say when.

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