Bitcoin Super Cycle Begins: CZ Says Four-Year Pattern Is Dead

Bitcoin just broke free from its oldest chain, and the man who ran the world’s biggest exchange says the rules everyone traded by for fourteen years no longer apply.

Changpeng Zhao, the Binance co-founder known as CZ, declared late Wednesday that Bitcoin has entered a “Super Cycle” driven by institutional money and regulatory clarity instead of the familiar four-year halving rhythm. Multiple heavyweight analysts now agree: the game has permanently changed.

BlackRock, Fidelity, Ark Invest and ten other spot Bitcoin ETFs have sucked in more than $65 billion in net inflows since January 2024. That is more Bitcoin than miners have produced in the past three years combined.

For the first time in history, demand is outrunning new supply by a massive margin, and the supply shock from April’s halving is being completely dwarfed.

Wall Street is no longer dipping a toe. It is diving in head first.

Halving Loses Its Crown

Every previous bull market since 2012 exploded roughly 12 to 18 months after a halving. The script was perfect: supply cut in half, price eventually moons, top forms, bear market arrives like clockwork.

That script is now torn up.

Standard Chartered, Bitwise, Bernstein and even Fidelity’s macro team have all published research in the past six weeks stating the halving impact is becoming “marginal at best.” Global liquidity and ETF demand are the new drivers.

CZ Breaks Silence From House Arrest

Speaking publicly for the first time since beginning his four-month sentence, CZ told Bloomberg in a written statement:

“The halving was always about scarcity. Today the story is adoption. When nation-states, pensions, and the largest asset managers on earth are buying faster than miners can create new coins, the four-year cycle becomes noise, not signal. We are in the Super Cycle now.”

He added that he personally expects Bitcoin to trade above $150,000 before the end of 2025 and “significantly higher” by 2027.

Lawmakers Finally Deliver Clarity

The U.S. House Financial Services Committee passed the CLARITY Act in September with strong bipartisan support. The bill creates a clear regulatory pathway for digital assets and is widely expected to become law in early 2025 under the incoming administration.

When the President signs that bill, the last major excuse for institutions to stay on the sidelines disappears.

Europe’s MiCA framework is already live, and the UK, Singapore, Hong Kong, and the UAE have all rolled out friendly licensing regimes in the past 18 months. The world is racing to attract Bitcoin capital.

What the Charts Are Saying Right Now

Bitcoin closed above $98,000 for the first time ever on Thursday and is showing zero signs of the typical post-halving “summer lull.” The 200-week moving average, which has never been broken on a weekly close in Bitcoin’s history, sits at $49,000 and rising fast.

On-chain data tells the same story:

• Exchange balances at 2017 lows (only 11.4% of supply)
• Long-term holders refusing to sell at any price
• Yearly active addresses surpassing 2021 peak

The New Price Targets Are Eye-Watering

Here are the latest institutional forecasts released after the election:

• Standard Chartered → $200,000 by end-2025
• Bernstein → $200,000 by mid-2026
• VanEck → $350,000 peak in this cycle
• Bitwise → $500,000 longer-term under Super Cycle scenario

Even the most conservative houses have thrown out their old models.

This is no longer about waiting for the next halving in 2028. The Bitcoin Super Cycle means the uptrend could run for years without the violent 80% drawdowns of the past.

For the millions of people who have watched Bitcoin follow the same four-year dance since 2013, this shift feels almost unbelievable. Yet every metric, every policy move, every billion-dollar inflow is screaming the same message: the old rules are dead.

Bitcoin has grown up. The institutions have arrived. And according to CZ and the sharpest minds in the industry, the best is still ahead.