Analytical View: Brian Armstrong Sees Bitcoin's "Bottom" Around $60,000
The digital asset market continues to attract the attention of institutional players, and the latest statement from the head of one of the largest cryptocurrency exchanges only confirms the depth of the current analysis. Coinbase CEO Brian Armstrong suggested that Bitcoin has likely already reached a local "bottom" near the $60,000 mark. However, he emphasized that there is no 100% certainty in this scenario — the market remains too volatile and sensitive to macroeconomic factors.
Armstrong, known for his long-term optimism, confirmed that he maintains a long position on the first cryptocurrency. In his interpretation, Bitcoin acts as "new digital gold" — an asset that should eventually take its place in conservative investors' portfolios alongside traditional safe-haven instruments. According to his forecast, by 2030 we will see significantly higher price levels, which is directly linked to the historical four-year halving cycle. Each reduction in miner rewards has historically triggered a bullish impulse, and the current cycle, in Armstrong's logic, will be no exception.
From my professional perspective, $60,000 as a "bottom" level looks quite reasonable, especially given the recent pressure from regulators and profit-taking by large holders. However, I would not rule out the possibility of a short-term break below this level amid external shocks — for example, tightening of the Federal Reserve's monetary policy or unexpected SEC decisions. Nevertheless, Bitcoin's fundamental network indicators, including hashrate and the number of active addresses, remain strong, providing grounds for moderate optimism in the 2025–2026 horizon.