Coinbase CEO projects $400,000 Bitcoin target by 2030

Coinbase CEO Brian Armstrong has reiterated a $400,000 Bitcoin price target by 2030, suggesting the current market cycle may have already found its floor after Bitcoin recovered from lows near $57,717. Armstrong expressed optimism about near-term Bitcoin prospects, forecasting favorable conditions over the next one to two years. The projection aligns with an anticipated Bitcoin halving scheduled for April 2028, an event historically associated with price momentum.

• Armstrong sees the current cycle bottom as potentially already established, with recovery underway from recent lows.
• The $400,000 target is framed alongside the 2028 halving event, which typically precedes price rallies.
• A senior exchange executive's bullish stance reflects institutional confidence in the current market environment.