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Coinbase CEO Reaffirms $400K Bitcoin Target as Cycle Bottom Forms

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The Story

News Summary

  • Coinbase CEO Brian Armstrong reaffirmed a $400,000 Bitcoin target by 2030, asserting the current cycle bottom is likely in.
  • He highlighted four-year market cycles, expanding institutional capital via regulatory frameworks like the CLARITY Act, and rising fiat debasement as primary catalysts driving long-term demand.
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