Let p be a prime number and let E be an elliptic curve defined over ? of conductor N. Let K be an imaginary quadratic field with discriminant prime to pN such that all prime factors of N split in K. B. Perrin-Riou established the p-adic Gross-Zagier formula that relates the first derivative of the p-adic L-function of E over K to the p-adic height of the Heegner point for K when E has good ordinary reduction at p. In this article, we prove the p-adic Gross-Zagier formula of E for the cyclotomic ?_p-extension at good supersingular prime p. Our result has an application for the full Birch and Swinnerton-Dyer conjecture. Suppose that the analytic rank of E over ? is 1 and assume that the Iwasawa main conjecture is true for all good primes and the p-adic height pairing is not identically equal to zero for all good ordinary primes, then our result implies the full Birch and Swinnerton-Dyer conjecture up to bad primes. In particular, if E has complex multiplication and of analytic rank 1, the full Birch and Swinnerton-Dyer conjecture is true up to a power of bad primes and 2.
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