Coinbase CEO Brian Armstrong Says Bitcoin Has Bottomed for This Cycle, Sees Two-Year Uptrend

Armstrong's call matters less as a forecast than as a signal from the head of a listed exchange whose fortunes track trading activity — a claim of a cycle bottom implies he expects the recent downturn to give way to sustained volume, which is what his own business depends on. That makes the view self-interested as much as analytical, and it lands without any on-chain or macro evidence offered in the item. Whether other major market participants echo the two-year framing, or treat the downturn as unfinished, is the open question.