Wu Blockchain (@WuBlockchain): Coinbase CEO Brian Armstrong Says Bitcoin May Have Bottomed Around $60K
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Coinbase CEO Brian Armstrong Says Bitcoin May Have Bottomed Around $60K CoinDesk reported that Brian Armstrong said his “instinct” is that Bitcoin likely bottomed around $60,000, though he cautioned that nobody can know for sure. Armstrong cited Bitcoin’s historical four-year cycle as a reference point and said he remains long BTC, expecting prices to be significantly higher by 2030. According to a CoinDesk report, Bitcoin fell to about $59,743 on June 5 before rebounding above $66,000.