Coinbase CEO calls the bottom in Bitcoin

Coinbase CEO Brian Armstrong has publicly identified what he views as the market bottom for Bitcoin, positioning the call alongside a $1 million price target by 2030. The forecast aligns with predictions from major institutions including ARK Invest, Bernstein, and Standard Chartered, which cluster around a similar valuation range for the same timeframe.

• Armstrong's bottom call and 2030 target join a convergence of institutional forecasts in the same price range, suggesting some alignment among major market participants on longer-term trajectory.
• The 2030 timeframe reflects a multi-year outlook rather than near-term price action, emphasizing institutional focus on decade-scale Bitcoin adoption narratives.