Bitcoin price outlook: CZ flags potential 2026 crypto supercycle

Zhao framed the possibility around broader adoption and improvements in market structure. He did not give price targets or formal guidance.

The remarks followed his appearance on December 6, 2025 at Binance Blockchain Week 2025, where Zhao debated gold advocate Peter Schiff on the investment case for Bitcoin. In that session Zhao contrasted this year’s gains in gold with Bitcoin’s drawdown, and said performance can diverge across cycles. He also pointed to market depth and institutional participation as factors market observers watch when assessing the next phase.

Zhao’s comments add to recent public statements from high‑profile crypto executives as the industry discusses the path of the next cycle. His appearance in Abu Dhabi centered on adoption, market plumbing and the role of regulated venues, without announcing new products or corporate actions. Event organizers positioned the talk as part of a broader agenda on digital‑asset infrastructure and policy.

Conference materials listed Zhao as speaking in a keynote format. Session descriptions referenced cycle dynamics, liquidity conditions and participation by exchanges and custodians. No timeline beyond the 2026 reference was presented during the talk.

As GNcrypto wrote earlier, on December 8, 2025 Strategy disclosed buying 10,624 BTC for about $962.7 million at an average of $90,615 between December 1 and 7, lifting its holdings to 660,624 BTC. The purchases were funded with proceeds from at‑the‑market Class A stock sales and newly issued perpetual preferred shares. In the same filings, the company noted a prior add of 130 BTC for roughly $11.7 million and the creation of a $1.44 billion cash reserve to cover preferred dividends and interest, with its first debt maturity due in February 2027.