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Coinbase CEO says Bitcoin bottomed July 1, eyes $400K by 2030 amid bullish signs.

Market News
25 Sep 2026
24/7 Wall Street
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Bullish
Coinbase CEO says Bitcoin bottomed July 1, eyes $400K by 2030 amid bullish signs.

Coinbase CEO Brian Armstrong identified July 1, 2026, as Bitcoin's cycle bottom at $57,718, noting typical downturns last about 12 months. Since then, Bitcoin has risen to over $84,000, supported by strong inflows and approaching the 2028 halving, which historically boosts prices. While Armstrong's exact bottom call relies on a single intraday low rather than closing prices, the timing and market factors provide a stronger case for optimism. Investors should watch key price levels around $80,875 and $87,498 to confirm if the bullish trend will sustain toward Armstrong's $400,000 target by 2030.

Coinbase Global, Inc. (COIN) trades at USD 198.85 on Pluang as of Sep 25, 2026 16:01 WIB, down slightly by 0.18% in the last day. The stock's market cap stands at $52.27 billion with a 52-week range between $141.09 and $387.27. This trading activity occurs while Coinbase CEO Brian Armstrong expresses optimism about Bitcoin's recovery and future price potential, highlighting a significant market narrative for the financial sector.

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