According to CoinDesk, Coinbase CEO Brian Armstrong said his “intuition” suggests Bitcoin may have bottomed out around $60,000, but no one can be sure of that. Armstrong said he remains long-term bullish on Bitcoin and expects that by 2030 the price will be significantly higher than current levels. He also said that Bitcoin is “new digital gold” and noted that the historical four-year cycle can still serve as an important reference for observing the market.

BTC3.87%
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