Bitcoin Soars Above $84,000 as Coinbase CEO Sees $400,000 Target

Coinbase CEO Brian Armstrong believes Bitcoin (BTC) could reach as high as $400,000 by 2030. The cryptocurrency surged above $84,000 on Monday after a recent drop to $60,000.

Armstrong noted that this price dip may have marked the bottom of the latest cycle, pointing to historical patterns where rallies around halving events are followed by downturns lasting roughly a year.

The Coinbase CEO's bullish outlook extends beyond Bitcoin's price. He sees growing interest in stablecoins, perpetual futures, prediction markets, and AI-powered finance, regardless of short-term swings in the crypto market.