Brian Armstrong reconfirms strong Bitcoin Outlook and long-term position
Coinbase Global Inc. (Nasdaq: COIN) CEO Brian Armstrong said: Bitcoin He expressed his stance on the X post and wrote that he would stay for a long time. cryptocurrency continue to hold assets bullish View. His comment was accompanied by a video of the discussion that he shared Bitcoinrole, market cycles, and his prediction that prices will rise significantly in the long run.
This statement expressed Mr. Armstrong’s view. BTC a broader perspective on cryptocurrency Adopted. He explained: Bitcoin As “new digital” gold”, linking his position to long-term economic exploitation rather than short-term market movements or short-term trading levels.
Armstrong wrote on June 14th:
“I am bullish as usual Bitcoinand still long (as usual). It’s not as good or bad as it seems. ”
Coinbase executives expanded on that view by arguing: Bitcoinperiodic four-year market cycle. He noted that some investors track metrics such as the percentage of owners of profits and losses to assess how things will fare. Bitcoin Historically, there have been periods when the market would rise big and then fall, and we may be entering that cycle.
Armstrong cautioned that no one can predict market movements with certainty, but suggested: Bitcoin We may have already reached the bottom in the current cycle. “My gut feeling is that it probably bottomed out at this point,” he said, adding that the $60,000 level could have represented that low.
he tied Bitcoindescribes the long-term outlook for its growing role in the global economy:
“I think so because I think this is going to be an important part of our economy well into the future.” bullish As always. ”
Coinbase CEO points out bottom and potential for price rise in 2030
Armstrong also emphasized that short-term market fluctuations do not change the long-term outlook. Bitcoin. He reaffirmed his belief in the future role and value of the asset, saying:
“I’m optimistic as always. I think by 2030 prices will be much, much higher. I don’t think for much longer.” Bitcoinas usual. ”
In other recent X posts, Armstrong offers a similar long-term framework. cryptocurrency market. He previously said that the market volatility His outlook remains unchanged and he will remain for the long term. bullish above cryptocurrency As digital assets continue to establish themselves in financial services.
stable coin It also features prominently in Armstrong’s extensive cryptocurrency commentary. He described Coinbase as “very bullish on the growth of stablecoins,” calling them “the best form of money,” and citing both users and AI agents around the world as the fastest growing user groups.
