Coinbase CEO Sees $400K Bitcoin by 2030 Amid Regulatory Clarity
Coinbase CEO Brian Armstrong remains bullish on Bitcoin's future prospects. Speaking to CNBC's Squawk Box Asia, he stated that it's 'reasonable' for BTC to reach $400,000 by 2030.
Armstrong attributed his optimism to the upcoming halving event and regulatory progress in the crypto industry. He noted that the Bitcoin price cycle typically follows a four-year pattern of growth and decline, with most down periods lasting around a year.
The Coinbase CEO pointed out that this current cycle has already seen a significant recovery from its July 2026 low of below $60,000 ($57,717). Armstrong also emphasized that the next Bitcoin halving is estimated to occur in mid-April 2028 and often precedes a price run-up.
With the recent rise in Bitcoin's price and growing regulatory clarity, Armstrong expressed confidence in the next year or two being 'good for Bitcoin.'