Changpeng Zhao: The crypto market may be entering a "supercycle," and the "four-year cycle" for Bitcoin may no longer apply.

Binance founder Changpeng Zhao stated at the Bitcoin Middle East Conference in Abu Dhabi that the "four-year cycle" for Bitcoin may no longer apply, and mentioned that with increased institutional participation, the market may be entering a "supercycle." A supercycle refers to a market cycle where the impact of institutional and regulatory capital flows is stronger than the price cycle centered on traditional halving events. Zhao also stated that discussions about national-level Bitcoin reserves may spread. He suggested that if the US engages in discussions about strategic reserves, other countries may follow suit.