Coinbase CEO Says Bitcoin Has Likely Bottomed at $60,000
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Coinbase CEO Brian Armstrong said Bitcoin has probably bottomed around $60,000, called BTC the new digital gold, and expects significantly higher prices by 2030, signaling bullish adoption and long-term price outlook. Analysts warn $66,100–$66,300 is major resistance that could cap the current retrace and, if rejected, trigger a pullback to $60,000 or potentially $56,300, highlighting near-term downside risk for crypto markets.
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- Armstrong says Bitcoin probably bottomed at $60K and expects significantly higher prices by 2030.
- Analyst flags $66,100 to $66,300 as major resistance that could mark the top of the current retrace.
- A rejection at the $66,300 could trigger a deeper pullback toward $60,000 and potentially $56,300.
Coinbase CEO Brian Armstrong said he believes Bitcoin has probably bottomed around the $60,000 level, describing himself as bullish on the asset’s long-term trajectory and expressing confidence that prices will be significantly higher by 2030.
“I think Bitcoin is the new digital gold. It’s going to be a key part of our economy going forward. My instinct is we’ve probably bottomed at this point, maybe at the $60,000 number, but nobody can say for sure,” Armstrong said.
Armstrong acknowledged the four-year cycle pattern that has historically defined Bitcoin…
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