Coinbase CEO Expects Much Higher Bitcoin Prices by 2030, Reaffirms Long Position

On June 14, Coinbase CEO Brian Armstrong reaffirmed his bullish stance on bitcoin in an X post, stating he remains long the asset and expects much higher prices by 2030. Armstrong wrote: "I'm as bullish as ever on bitcoin, and still long (as always)." He noted that short-term market fluctuations do not change his long-term outlook, adding, "I think by 2030 we're going to have a much higher, higher price."

Armstrong also suggested bitcoin may have already reached a bottom in the current market cycle, stating "my instinct is we probably have bottomed at this point," and indicated the $60,000 level could mark that low.