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Coinbase CEO calls $400K Bitcoin target reasonable by 2030
Brian Armstrong said the market is in the early phase of the next cycle, pointing to a 2025-like next halving window roughly 18 months away.
Coinbase CEO Brian Armstrong said a long term Bitcoin price target of $400,000 by 2030 remains reasonable, according to Decrypt.
Armstrong argued that the bottom is already in about a year into the current downturn and framed the outlook around the next Bitcoin halving.
He said the next halving is expected in roughly 18 months, signaling the next phase of the cycle as investors look beyond the current drawdown.
The comments come as the industry weighs how far the downturn has already gone and what conditions could look like after the next supply reduction event.
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