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Coinbase Asset Management president targets Bitcoin above $300,000 by 2030

Anthony Bassili also said he expects Bitcoin’s cycle returns to shrink relative to a larger base, while “gold parity” is a longer-term trend.

Reported · Written up by our desk · Bitcoin

Bitcoin Magazine reports that Anthony Bassili, president of Coinbase Asset Management, set a long term Bitcoin price target of above $300,000 by 2030.

In the interview, Bassili described what he views as multi year cycle dynamics, saying cycle returns are expected to shrink from a larger base.

He also argued that gold parity is a longer term trend, framing Bitcoin’s trajectory in relation to that benchmark.

The outlet included a disclaimer noting the views expressed are those of the participant and not necessarily those of Bitcoin Magazine or BTC Inc, and that the content is for informational and educational purposes only.

Latest closeGold $4,170.90 ▲0.2%|Bitcoin $85,913.52 ▼0.7%

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