Coinbase CEO sees higher Bitcoin prices by 2030

• Coinbase Global Chief Executive Brian Armstrong said he remains bullish on Bitcoin (CRYPTO:BTC) and continues to hold a long position.
• Armstrong suggested Bitcoin may have already reached a cycle bottom near US$60,000 based on historical market patterns.
• He said Bitcoin could become a key part of the economy and expects significantly higher prices by 2030.

Coinbase Global Chief Executive Brian Armstrong said he remains long Bitcoin (CRYPTO:BTC) and expects the cryptocurrency to trade at much higher levels by 2030 despite ongoing market volatility.

Armstrong's comments came as investors continue assessing whether Bitcoin has completed its latest market correction, with the executive pointing to historical four-year market cycles as a reference for current conditions.

“I’m as bullish as ever on bitcoin, and still long (as always),” said Coinbase Chief Executive Brian Armstrong.

Armstrong said some investors monitor indicators such as the percentage of holders in profit or loss to gauge Bitcoin's position within its market cycle, while adding that his instinct is the cryptocurrency may have already bottomed near the US$60,000 level.

The executive said Bitcoin's growing role in the economy supports his long-term outlook, and following the comments the Bitcoin price was unchanged at approximately US$65,600.

Armstrong described Bitcoin as “the new digital gold” and said his view is based on long-term adoption rather than short-term price movements or trading conditions.

Recent comments from Armstrong have also highlighted growth opportunities in digital assets and stablecoins, with the Coinbase executive previously stating that the company remains focused on expanding crypto adoption across financial services.

At the time of reporting, Bitcoin price was $62,878.68.