Binance founder Changpeng “CZ” Zhao says the crypto market may be entering a Bitcoin super cycle, which means strong price growth could be coming. His comment has made many investors feel positive about Bitcoin’s future.
This comes after investment company VanEck shared a very optimistic price prediction for Bitcoin. VanEck believes Bitcoin could reach a base price of $2.9 million in the long term.
These statements suggest growing confidence in Bitcoin, especially as large financial companies continue to show interest in digital assets.
CZ Predicts Bitcoin Super Cycle
Binance founder CZ recently said that a Bitcoin super cycle could be coming soon. He shared this after news that the U.S. SEC removed crypto from its 2026 risk list, which is a positive sign for Bitcoin and the crypto market.
CZ also explained that big banks and small investors are acting differently. While many small investors were selling Bitcoin because of fear, large U.S. banks were buying more.
He added that Wells Fargo bought $383 million worth of Bitcoin ETF shares, showing strong confidence from big financial institutions.
Institutional Bitcoin Demand Continues to Rise
Interest in Bitcoin from large institutions is growing, which supports the idea of a possible crypto super cycle. This week, Morgan Stanley applied for a Bitcoin ETF, showing that major financial firms are increasing their exposure to Bitcoin.
According to Bloomberg ETF analyst Eric Balchunas, this decision was driven by strong demand from Morgan Stanley’s wealth management clients. Last year, the bank removed all limits on crypto investments, allowing its clients to invest freely in Bitcoin-related products.
Experts also believe that government adoption could boost Bitcoin’s long-term value. Ark Invest CEO Cathie Wood has suggested that the United States may start buying Bitcoin
for a national reserve, which could further strengthen Bitcoin’s role in the global financial system.
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VanEck Shares Very Bullish Bitcoin Price Targets
Crypto ETF company VanEck has released a new report explaining how high Bitcoin’s price could go in the long term. In its base scenario, VanEck believes Bitcoin could reach $2.9 million by 2025, according to analysts Matthew Sigel and Patrick Bush.
In a bearish scenario, where Bitcoin’s growth slows, the price could stay around $130,000. This would mean that most of Bitcoin’s value is already reflected in today’s market price.
On the other hand, VanEck’s bullish scenario is much more aggressive. In a situation called “hyper-bitcoinization,” Bitcoin could rise as high as $53.4 million per coin.
This extreme scenario assumes that Bitcoin is widely used across the world. It would handle 20% of global trade and 10% of domestic economic activity, leading to a 29% annual growth rate. VanEck says this would only happen if Bitcoin becomes as important as, or even more important than, gold as a global reserve asset.
Still, there are challenges. Gold prices continue to rise, while Bitcoin has gone through periods of slow or sideways price movement.
For the $2.9 million base target, VanEck estimates Bitcoin would need to be used for 5–10% of international trade and 5% of domestic trade by 2050. Whether Bitcoin can reach these levels will depend on future adoption, regulations, and global economic conditions.
