Brian Armstrong Suggests Bitcoin May Have Reached Its Bottom at $60,000
Coinbase CEO Brian Armstrong expresses his belief that bitcoin has likely found its floor, drawing on historical four-year cycles.
Editorial Staff
1 min read
Updated 2 days ago
In a recent statement, Coinbase CEO Brian Armstrong indicated that he believes bitcoin may have hit its bottom at around $60,000.
Armstrong's assessment is based on historical patterns, particularly the four-year cycles that have previously marked significant lows for the cryptocurrency.
This perspective adds to the ongoing discussions within the crypto community regarding the future trajectory of bitcoin prices.