Bitcoin Price Prediction: CZ Envisions a 2026 Crypto Supercycle — Can BTC Surpass $126K?

By: crypto insight|2025/12/10 07:30:08

Key Takeaways

Binance founder Changpeng Zhao (CZ) anticipates a significant crypto “supercycle” by 2026, potentially propelling Bitcoin beyond the $126,000 mark.
Historical analysis and recent technical indicators, such as the bullish hash ribbon signal, suggest a promising trajectory for Bitcoin.
The emergence of Bitcoin Hyper ($HYPER), a Layer 2 solution, gains attention, leveraging Solana’s technology for scalability and security.
As Bitcoin attempts to break free from a multi-week descending trendline, analysts project possible price targets around $98,000 and beyond to $106,000 and $110,000.

WEEX Crypto News, 2025-12-10 07:10:39

A New Dawn for Bitcoin: The Anticipated 2026 Crypto Supercycle

In the vibrant and ever-evolving world of cryptocurrencies, predictions abound, yet few are as eagerly anticipated as the idea of a crypto “supercycle.” At the heart of this optimistic outlook is Changpeng Zhao (CZ), founder of Binance, who has recently sparked conversations about a possible significant rally in 2026. This forecast, shared at the Bitcoin MENA Conference, signals a potential shift in market dynamics where Bitcoin could see its value soar past the $126,000 barrier, echoing the dramatic ascension of other commodities like gold.

So, what exactly underpins CZ’s bold prediction? His foresight rests upon a blend of historical patterns, technical indicators, and emerging technologies that suggest a robust market development aligning with increased adoption and innovation.

Understanding the Crypto Supercycle Phenomenon

A crypto supercycle implies an extended period of bullish momentum, unparalleled by typical market behavior. Drawing parallels from historical economic supercycles, where assets experience exponential growth due to a combination of innovation, demand, and economic conditions, CZ believes that Bitcoin is on the brink of such a cycle. Historically, gold has seen a rise of over 60% year-to-date, a trajectory Bitcoin could potentially follow and even surpass with heightened adoption and investor interest.

CZ’s Vision of Bitcoin Matching Gold’s Performance

CZ’s analogy of Bitcoin’s future performance with gold’s historic gains is grounded in an analysis of several key elements. Primarily, the hash ribbon indicator, which has turned bullish, acts as a harbinger of favorable market conditions, signaling prime opportunities for investment. This indicator measures the strength of Bitcoin’s network, and when miners capitulate – seen when the 30-day moving average of the hash rate falls below the 60-day average – it often prefaces substantial price appreciation due to reduced sell pressure and enhanced accumulation opportunities.

The Role of Market Dynamics and Technical Indicators

Current market dynamics illustrate Bitcoin surmounting significant resistance at $94,000, driven by a momentum shift and renewed buyer interest. The trajectory suggests that Bitcoin might soon test previous highs of $98,000, progressing towards $106,000, supported by the MACD (Moving Average Convergence Divergence) flipping bullish – a technical setup often preceding extended rallies.

Amidst these tantalizing possibilities, Bitcoin must still face and decisively surpass diagonal resistance lines and pivot levels around $98,000 and $100,000, which are critical markers for confirming a trend reversal. A firm breakthrough here could unlock new potential highs of up to $110,000, provided market conditions remain favorable.

The Bitcoin Layer 2 Evolution: Introducing Bitcoin Hyper ($HYPER)

As Bitcoin’s prospects continue to unfold, attention is also being drawn towards innovations within its ecosystem, particularly Bitcoin Hyper ($HYPER). This pioneering Layer 2 solution seeks to make profound changes by improving scalability and transaction speed, built upon Solana’s fast, secure infrastructure. Bitcoin Hyper represents the progression of Bitcoin into a new era, where decentralized applications can flourish within its network, offering holders expanded utility and engagement opportunities.

By integrating this technology, exchanges and wallets are poised to increase the demand for $HYPER, with adoption potentially amplifying Bitcoin’s overall reach and functionality. The ongoing presale, with an attractive price point, signifies an incipient interest from the community wanting to capitalize on its potential before substantial value realization.

Navigating the Crypto Market Landscape

Entering this potential supercycle, investors and market participants are Exercising cautious optimism. While prospects appear promising, it is crucial to examine the broader economic landscape’s fluid nature.

Institutions like Bernstein have projected continued upward trends for Bitcoin, breaking traditional 4-year cycles and extending bullish phases potentially to a $150,000 valuation by 2026. This prompts an interesting discourse on whether the institutional influx and technological advancements can sustain such a trajectory, drawing investors who view Bitcoin not only as a speculative asset but as a robust store of value akin to digital gold.

Institutional Involvement and Regulatory Evolution

The growing involvement of institutional investors underscores this optimism, with many financial entities pushing the boundaries of traditional finance to embrace cryptocurrencies. The strategic filing of crypto-centered ETFs, such as those by BlackRock, fortifies the narrative of a full-scale Wall Street invasion, reshaping Bitcoin’s market perception and valuation.

In parallel, regulatory landscapes are expected to mold the crypto space further, with jurisdictions like Hong Kong implementing data sharing initiatives to curb tax evasion, which could influence market transparency and investor confidence. Such changes can create a more measured, secure environment conducive to broader adoption, forming a pillar of the anticipated supercycle.

Final Reflections

The narrative surrounding Bitcoin’s resurgence and potential 2026 supercycle paints an exciting picture, driven by market dynamics, technological advancements, and strategic foresight similar to what CZ has presented. However, it is essential to approach these predictions with a level of prudence, recognizing both the opportunities and inherent volatility within crypto markets.

As Bitcoin continues to break barriers and forge new pathways in the digital financial ecosystem, stakeholders within the crypto community find themselves in a unique position to capitalize on these dynamic shifts. Whether through technological involvement or strategic investment, the anticipated supercycle presents an opportunity to reshape the digital landscape for years to come.

FAQ

Will Bitcoin definitely reach $126K in 2026?

While CZ’s prediction highlights potential, actual market movements depend on multiple unpredictable factors such as regulation, technological advancements, and broader economic conditions.

What are hash ribbon indicators?

Hash ribbon indicators analyze Bitcoin’s network hashrate to identify miner capitulation phases, often resulting in price discounts and accumulation signals.

How can investors get involved in Bitcoin Hyper ($HYPER)?

Interested investors can participate in its ongoing presale or await its integration within numerous wallets and exchanges to purchase and store the ef="/wiki/article/token-259">token.

What influences Bitcoin’s price volatility?

Bitcoin’s price is influenced by market speculation, global economic conditions, regulatory changes, and adoption rates among other factors.

Why is there anticipation for a 2026 supercycle?

Expectations of a 2026 supercycle stem from historical trends, strategic foresight in technological advancements, and increasing institutional adoption pointing to prolonged bullish market conditions.

Over the past 24 hours, the crypto market has shown strong momentum across multiple dimensions. The mainstream discussion has focused on Coinbase's official entry into the prediction market through the acquisition of The Clearing Company, as well as the intense controversy within the AAVE community regarding token incentives and governance rights.

In terms of ecosystem development, Solana has introduced the innovative Kora fee layer aimed at reducing user transaction costs; meanwhile, the Perp DEX competition has intensified, with the showdown between Hyperliquid and Lighter sparking widespread community discussion on the future of decentralized derivatives.

I. Mainstream Topics

1. Coinbase Acquires The Clearing Company, Officially Entering Prediction Market

This week, Coinbase announced the acquisition of The Clearing Company, marking another significant move to deepen its presence in this field after last week's announcement of launching a prediction market on its platform.

The Clearing Company's founder, Toni Gemayel, and the team will join Coinbase to jointly drive the development of the prediction market business.

Coinbase's Product Lead, Shan Aggarwal, stated that the growth of the prediction market is still in its early stages and predicts that 2026 will be the breakout year for this field.

The community has reacted positively to this, generally believing that Coinbase's entry will bring significant traffic and compliance advantages to the prediction market. However, this has also sparked discussions about the industry's competitive landscape.

Jai Bhavnani, Founder of Rivalry, commented that for startups, if their product model proves to be successful, industry giants like Coinbase have ample reason to replicate it.

This serves as a reminder to all entrepreneurs in the crypto space that they must build significant moats to withstand competition pressure from these giants.

2. Kalshi Launches Kalshi Research and Integrates BSC Network

Regulated prediction market platform Kalshi launched its research arm, Kalshi Research, this week, aimed at opening its internal data to the academic community and researchers to facilitate exploration of prediction market-related topics.

Its inaugural research report highlights Kalshi's outperformance in predicting inflation compared to Wall Street's traditional models. Kalshi co-founder Luana Lopes Lara commented that the power of prediction markets lies in the valuable data they generate, and it is now time to better utilize this data.

Meanwhile, Kalshi announced its support for the BNB Chain (BSC), allowing users to deposit and withdraw BNB and USDT via the BSC network.

This move is seen as a significant step for Kalshi to open its platform to a broader crypto user base, aiming to unlock access to the world's largest prediction market. Furthermore, Kalshi also revealed plans to host the first Prediction Market Summit in 2026 to further drive industry engagement and development.

3. AAVE Token Incentive Controversy Persists as Founders and Whales Increase Holdings Against the Market Trend

The AAVE community recently engaged in heated debates around an Aave Improvement Proposal (AIP) titled "AAVE Tokenomics Alignment Phase One - Ownership Governance," aiming to transfer ownership and control of the Aave brand from Aave Labs to Aave DAO.

Aave founder Stani Kulechov publicly stated his intention to vote against the proposal, believing it oversimplifies the complex legal and operational structure, potentially slowing down the development process of core products like Aave V4.

The community's reaction was polarized. Some criticized Stani for adopting a "double standard" in governance and questioned whether his team had siphoned off protocol revenue, while others supported his cautious stance, arguing that significant governance changes require more thorough discussion.

This controversy highlights the tension between the ideal of DAO governance in DeFi projects and the actual power held by core development teams.

Despite governance disputes putting pressure on the AAVE token price, on-chain data shows that Stani Kulechov himself has purchased millions of dollars' worth of AAVE in the past few hours.

Simultaneously, a whale address, 0xDDC4, which had been quiet for 6 months, once again spent 500 ETH (approximately $1.53 million) to purchase 9,629 AAVE tokens. Data indicates that this whale has accumulated nearly 40,000 AAVE over the past year but is currently in an unrealized loss position.

The founder and whale's increased holdings during market volatility were interpreted by some investors as a confidence signal in AAVE's long-term value.

4. Top Articles: DeFi Curators and Ethereum Annual Summary

In this week's top article, Morpho Labs' "Curator Explained" detailed the role of "curators" in DeFi.

The article likened curators to asset managers in traditional finance, who design, deploy, and manage on-chain vaults, providing users with a one-click diversified investment portfolio.

Unlike traditional fund managers, DeFi curators execute strategies automatically through non-custodial smart contracts, allowing users to maintain full control of their assets. The article offered a new perspective on the specialization and risk management in the DeFi space.

Another widely circulated article, "Ethereum 2025: From Experiment to Global Infrastructure," provided a comprehensive summary of Ethereum's development over the past year. The article noted that 2025 is a crucial year for Ethereum's transition from an experimental project to global financial infrastructure. Through the Pectra and Fusaka hard forks, Ethereum achieved significant reductions in account abstraction and transaction costs.

Furthermore, the SEC's clarification of Ethereum's "non-securities" nature and the launch of tokenized funds on the Ethereum mainnet by traditional financial giants like JPMorgan marked Ethereum's gaining recognition from mainstream institutions. The article suggested that whether it is the continued growth of DeFi, the thriving L2 ecosystem, or the integration with the AI field, Ethereum's vision as the "world computer" is gradually becoming a reality.

II. Mainstream Ecosystem Updates

1. Solana: Launches Kora Fee Layer and propAMM Data Research

The Solana Foundation engineering team released a fee layer solution called Kora this week.

Kora is a fee relayer and signatory node designed to provide the Solana ecosystem with a more flexible transaction fee payment method. Through Kora, users will be able to achieve gas-free transactions or choose to pay network fees using any stablecoin or SPL token. This innovation is seen as an important step in lowering the barrier of entry for new users and improving Solana network's availability.

Additionally, a deep research report on propAMM (proactive market maker) sparked community interest. The report's data analysis of propAMMs on Solana like HumidiFi indicated that Solana has achieved, or even surpassed, the level of transaction execution quality in traditional finance (TradFi) markets.

For example, on the SOL-USDC trading pair, HumidiFi is able to provide a highly competitive spread for large trades (0.4-1.6 bps), which is already better than the trading slippage of some mid-cap stocks in traditional markets.

Research suggests that propAMM is making the vision of the "Internet Capital Market" a reality, with Solana emerging as the prime venue for all of this to happen.

2. Perp DEX: Hyperliquid vs. Lighter Competition Intensifies

The competition in the perpetual contract DEX (Perp DEX) space is becoming increasingly heated.

In its latest official article, Hyperliquid has positioned its emerging competitor, Lighter, alongside centralized exchanges like Binance, referring to it as a platform utilizing a centralized sequencer. Hyperliquid emphasizes its transparency advantage of being "fully on-chain, operated by a validator network, and with no hidden state."

The community widely interprets this as Hyperliquid declaring "war" on Lighter. The technical differences between the two platforms have also become a focal point of discussion: Hyperliquid focuses on ultimate on-chain transparency, while Lighter emphasizes achieving "verifiable execution" through zero-knowledge proofs to provide users with a Central Limit Order Book (CLOB)-like trading experience.

This battle over the future direction of decentralized derivatives exchanges is expected to peak in 2026.

Meanwhile, discussions about Lighter's trading fees have surfaced. Some users have pointed out that Lighter charged as much as 81 basis points (0.81%) for a $2 million USD/JPY forex trade, far exceeding the near-zero spreads of traditional forex brokers.

Some argue that Lighter does not follow a B-book model that bets against market makers, instead anchoring its prices to the TradFi market, and the high fees may be related to the current liquidity or market maker balance incentives. Providing a more competitive spread for real-world assets (RWA) in the highly volatile crypto market is a key issue Lighter will need to address in the future.

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