Coinbase CEO Brian Armstrong Projects Bitcoin Could Reach $400,000 by 2030

Coinbase CEO Brian Armstrong forecast that Bitcoin could reach between $300,000 and $400,000 by 2030 based on recurring four-year halving cycles. Speaking on 'The Wolf of All Streets' show, Armstrong noted that the cryptocurrency's downcycle bottom likely formed around $60,000, though he cautioned future movements carry uncertainty. His comments coincide with Bitcoin rebounding above $81,000 following a dip toward $75,000. The recovery triggered over $500 million in crypto liquidations, including $240 million in Bitcoin shorts, alongside U.S. spot Bitcoin ETF net inflows of $160 million on Thursday and $434 million on Friday.