Coinbase CEO Sticks to $400,000 Bitcoin Forecast by 2030

Coinbase Global CEO Brian Armstrong still believes that Bitcoin could reach $400,000 by 2030. He shared his thoughts in a recent interview, citing past market cycles and halving periods as the basis for his prediction.

According to Armstrong, the network reduces the amount of new BTC entering circulation about once every four years, often followed by sharp price runs and then major pullbacks that can drag on for nearly a year. He suggests that another similar cycle could take Bitcoin to around three times its previous record price before 2030.

Armstrong emphasized that his estimate depends on Bitcoin behaving in a way that resembles earlier cycles and acknowledged that earlier price action cannot predict what comes next. Therefore, the target is a possible outcome, not a fixed forecast.