Brian Armstrong: $60,000 is a potential "bottom" for Bitcoin, but there are no guarantees.
Coinbase CEO Brian Armstrong expressed the opinion that Bitcoin has likely already reached a local bottom around $60,000. However, he emphasized that there is no 100% certainty in this — the market remains unpredictable, and any forecasts come with risk.
Armstrong confirmed that he himself maintains a long position in the first cryptocurrency, viewing it as "new digital gold." According to him, by 2030 the asset could significantly increase in price, and this assessment is directly tied to the historical four-year halving cycle. Each reduction in miner rewards typically creates a supply shortage, which pushes the price up in the long term.
Interestingly, amid the recent market correction, many investors feared a deeper decline. However, Armstrong's statement signals that major players see current levels as an attractive entry point. Nevertheless, it is worth remembering: even the most authoritative figures in the crypto industry are not immune to errors in short-term forecasts.
My expert opinion: $60,000 is indeed a strong psychological and technical level, but the market may retest it. For long-term investors focused on 2030, current prices look attractive, but those seeking quick profits should consider potential volatility in the coming months.