---
title: 'Binance CEO Calls the Bottom for Bitcoin'
source: 'https://youtube.com/watch?v=l090A_0sTSU'
video_id: 'l090A_0sTSU'
date: 2026-08-06
duration_sec: 79
---

# Binance CEO Calls the Bottom for Bitcoin

> Source: [Binance CEO Calls the Bottom for Bitcoin](https://youtube.com/watch?v=l090A_0sTSU)

## Summary

In this video, Binance CEO Richard Teng discusses the current state of the cryptocurrency market, expressing his belief in the four-year cycle and suggesting that the market is close to a bottom. He highlights the potential for demand to pick up in the coming year, driven by utility and other factors, and notes a shift of interest from AI and semiconductor stocks back into crypto.

### Key Points

- **Belief in the Four-Year Cycle** [00:03] — Richard Teng states he is a believer in the four-year cycle, a common theory in crypto markets, and has been in the industry for some time.
- **Supply and Demand Dynamics** [00:16] — He explains that supply dynamics don't change, but demand will depend on factors like utility, which he expects to increase next year.
- **Approaching the Bottom** [00:30] — Teng suggests that the market is close to the bottom, noting that historically, from an all-time high, it takes about 360-380 days to reach the bottom, and we are near 300 days.
- **Rotation from AI to Crypto** [01:00] — He observes that interest is flowing back into crypto as AI and semiconductor trades cool, which he sees as a healthy sign for the market.
- **Uptick Expected in Second Half** [01:15] — Teng believes the market is ready for an uptick in the second half of the year.

### Conclusion

The Binance CEO is optimistic about the crypto market's near-term prospects, citing historical cycle patterns and a shift in investor interest back to crypto, and expects a positive trend in the second half of the year.

## Transcript

the second half of this year. >> Richard, be real with me. How much lower think about it? >> I am actually a believer of the four-year cycle. People probably have asked me this uh many times. I said, you
I've been in the industry uh for some time now. The supply dynamics doesn't change. And the demand dynamics will will depend on things like utility utility this year. Uh based on the few things that I
mentioned, I think that demand will continue to pick up uh next year. And play, I actually think that, you know, we are pretty close to that bottom. Traditionally, from all-time high, it
Traditionally, from all-time high, it takes about 360 380 days for the bottom way up. We are close to 300 days now. So, we are about there, I would say, right? So, it's time to look at the market right
closely. I think the first half of this year, you see a lot of interest flowing into AI and semiconductor stocks. Now with some of those trades cooling, I do believe that, you know, you are seeing some healthy flow back into crypto. I
think we are ready for uptick towards the second half of this year.