Brian Armstrong: $60,000 could be the "bottom" for Bitcoin — but no guarantees
Coinbase CEO Brian Armstrong suggested that Bitcoin has likely formed a local "bottom" around $60,000. However, as the head of the largest US crypto exchange emphasizes, there is no 100% certainty in this — the market remains highly volatile, and any scenario is still possible.
Long Position and "Digital Gold"
Armstrong confirmed that he personally maintains a long position in Bitcoin, viewing the asset as "new digital gold." In his opinion, the long-term trend remains upward, and by 2030 we could see significantly higher price levels. He cites the four-year halving cycle as a key driver — historically, these events have set the direction for bull rallies.
Analytical Perspective
From my professional standpoint, Armstrong's assessment deserves attention, not as an accurate forecast, but as an indicator of sentiment among institutional players. $60,000 is a zone where several technical and fundamental factors converge: a correction level from all-time highs, a previous accumulation zone, and a psychologically important round number. Nevertheless, relying on a "bottom" amid macroeconomic uncertainty (Fed rates, regulation, liquidity) is risky. Investors should focus on a dollar-cost averaging strategy rather than trying to catch the perfect entry point.