Coinbase's Brian Armstrong reiterates $400,000 Bitcoin target by 2030
- —Armstrong expects BTC to roughly triple its previous peak before 2030
- —The forecast is based on four-year halving cycles
- —The Coinbase CEO called the target a possible outcome, not a fixed prediction
- —COIN traded at $198.85 with a market value of $52.27 billion
Why it matters: A public bullish call from the head of the largest US crypto exchange supports sentiment, though it does not change market fundamentals.
Source: Cryptopolitan