Bitcoin Forecasted to Hit $300k-$400k by 2030, Says Coinbase CEO

Coinbase CEO Brian Armstrong predicts that Bitcoin will reach $300k-$400k by 2030, citing sustained institutional inflows and regulatory clarity. This forecast is in line with ongoing institutional crypto adoption and technical analysis showing no signs of reversal.

The current price of BTC sits at $69,299.66 within a bullish trend defined by the EMA50 at $65,958.33 and EMA200 at $64,518.84. With price testing the upper Bollinger resistance at $73,883.8 while RSI flashes overbought at 90.2, a healthy retracement to the 50-EMA support at $65,958 seems probable before further continuation.

A golden cross on the MACD indicator at 2262.19 reinforces the underlying strength in BTC's price movement.