Coinbase CEO Brian Armstrong predicts Bitcoin could reach $400,000 by 2030, confirming the target remains reasonable. He believes the cryptocurrency has hit its market bottom following a year-long downturn, with upcoming halving events and regulatory updates expected to drive future growth despite ongoing price fluctuations.

Coinbase (COIN) gains as CEO Brian Armstrong and Needham analysts signal a crypto market bottom and coming U.S. regulatory clarity.

Coinbase CEO Brian Armstrong expects bitcoin to trend higher over the next two years, saying the current cycle may have bottomed.