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$400K Bitcoin, feels 'reasonable' 🎯
Brian Armstrong told CNBC that $400,000 Bitcoin by 2030 is still a "reasonable target," arguing the downturn has bottomed out ahead of the Senate's Clarity Act vote.
📝 What you need to know
Coinbase CEO Brian Armstrong isn't backing off his big Bitcoin call. Speaking on CNBC Thursday, he said $400,000 BTC by 2030 remains a "reasonable target"—a fivefold jump from around $77,000 today.
Leaning on Bitcoin's four-year cycle, Armstrong argued the current downturn, now about a year old, has bottomed out, with the next halving roughly 18 months away: "I think the next year or two is going to be good for Bitcoin."
On Washington, he sounded confident the Clarity Act is "ready to get a yes vote" ahead of a key Senate vote, with ethics rules over Trump's crypto ventures the last sticking point. Even if it fails, he expects regulatory clarity within a month, since the SEC and CFTC can act alone. Not everyone's convinced: Myriad traders put just 17% odds on the Clarity Act being signed into law in 2026.
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