Coinbase Global Inc. (NASDAQ:COIN) CEO Brian Armstrong reaffirmed on Sunday his bullish stance on Bitcoin

Coinbase Global Inc. (NASDAQ:COIN) CEO Brian Armstrong reaffirmed on Sunday his bullish stance on Bitcoin

Brian Armstrong said his instinct is that bitcoin has probably found its floor, pointing to the four-year cycle that has historically marked lows.

Benchmark-StoneX reiterated a $270 price target for COIN—60% higher than Coinbase’s current share price—following an array of product announcements.