Speculation around a Bitcoin super cycle is resurfacing after comments from #BİNANCE founder CZ, who suggested the market may be entering a prolonged bullish phase driven by structural demand rather than hype. Unlike past cycles, supporters argue today’s backdrop includes broader institutional access, improving regulatory tone, and Bitcoin’s growing role as a strategic asset, not just a speculative trade.
Adding weight to the narrative, VanEck’s long-term thesis models $BTC reaching $2.9 million by 2050, based on adoption as a global store of value and settlement asset. While highly speculative, the projection has drawn attention because it frames Bitcoin alongside gold and macro reserve assets, reinforcing the idea that its market role is still expanding.
A key theme emerging is the divergence between institutions and retail. Large players continue accumulating via ETFs and regulated products, while retail remains cautious after recent volatility. Combined with a more neutral regulatory environment and ongoing macro uncertainty, the super cycle discussion reflects a maturing market where long-term narratives increasingly shape capital flows, even before price action fully responds
