Coinbase CEO: Bitcoin bottom in, $400K target stands

Brian Armstrong says Bitcoin has likely bottomed and expects an uptrend in 1–2 years, maintaining a $400,000 target by 2030. He cites regulatory clarity and tokenization as key crypto growth drivers.

Brian Armstrong, CEO of Coinbase, has reiterated his belief that Bitcoin has likely reached its bottom in the current market cycle. He expects an uptrend over the next one to two years, particularly as the next Bitcoin halving approaches. Armstrong maintains his long-term target of $400,000 for Bitcoin by 2030, citing factors such as market cycles, regulatory progress, and macroeconomic influences like government spending and debt. He emphasized the importance of the Clarity Act, which aims to provide clearer regulatory guidelines for digital assets in the US. Armstrong noted that even if the bill is not passed, US regulators are prepared to issue clear rules soon. Additionally, Armstrong highlighted upcoming Coinbase initiatives, including the launch of tokenized shares. He identified four trends—stablecoin-based payments, asset tokenization, prediction markets, and smart agent finance—as key drivers for crypto sector growth through 2027. Recent data shows selling pressure on Bitcoin has eased, and the cryptocurrency has outperformed major US equity benchmarks in recent weeks.