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🚀 Bitcoin is ready for a new rise, says Brian Armstrong
Coinbase CEO Brian Armstrong is confident that Bitcoin has bottomed at $60,000 and is prepared for growth within its four-year cycle. He noted that such cycles of rise and fall are natural for the first cryptocurrency and should not distract from its overall growth.
Armstrong presented a chart showing Bitcoin cycles since 2011, where a sequence of bullish and bearish phases is visible. He maintains a long position and expects significant asset growth by 2030, based on broader adoption expectations of Bitcoin.
He also emphasized the role of institutional investors, increasing awareness of digital assets, and the integration of traditional finance with blockchain.
$BTC