Chase Wang, former head of listing at cryptocurrency exchange Binance, argued that Bitcoin will reach a new all-time high (ATH) in 2026.
Wang made striking observations, drawing attention to both the influence of market makers and past price movements.
In an interview, Wang stated that during his two and a half years at Binance, he reviewed over 1,000 crypto projects. He explained that the listing team consisted of about ten people, only a few of whom had direct contact with the projects. He added that the success rate for listing projects after discussions with the founders ranged from 5 to 10 percent. He also mentioned their goal to support the listing of approximately 100 projects (including Alpha) on Binance by the end of 2025.
According to Wang, a new record high for Bitcoin price in 2026 is inevitable. Recalling a pattern in 2025 where a specific week saw seven consecutive days of increases with similar magnitude and trading volume on the daily candlestick chart, followed by a sharp decline, Wang suggested this pattern indicates a strong “market maker” effect in the market.
Wang argues that this type of price movement indicates the presence of a whale or group of whales that significantly influences the total supply, essentially sending a message of “a power controlling the price.” According to Wang, market makers prioritize liquidity over fundamental analysis and shape their strategies accordingly.
Wang stated that this scenario points to two possibilities: either multiple large market makers using the same algorithm simultaneously managed liquidity, or a dominant whale shaped the market alone, anticipating that other large investor groups would not be actively trading during that period.
*This is not investment advice.
