Coinbase CEO Armstrong Calls $400K Bitcoin by 2030 a ‘Reasonable Target’

Armstrong's framing matters less as a forecast than as positioning from the head of a listed exchange with direct exposure to market sentiment — a CEO calling a cycle bottom is a claim about Coinbase's own business conditions as much as about bitcoin. The halving reference is the substantive part: it is a supply event with a fixed timetable, and the debate it will anchor is whether that mechanism still drives price the way prior cycles did. Whether other large holders and listed miners echo the bottom call is the open question.