Bitcoin $400,000 by 2030 Is Still a “Reasonable Target,” Coinbase CEO Says

Bitcoin $400,000 by 2030 may sound aggressive with BTC trading around $77,000, but Coinbase CEO Brian Armstrong is sticking with the forecast. Speaking to CNBC’s Squawk Box Asia on Thursday, Armstrong called the target a “reasonable target” and argued that Bitcoin may already have moved past the worst part of its current downturn.His case rests partly on a familiar rhythm in Bitcoin markets: periods of rapid gains, speculative excitement and then a roughly year-long decline. Ar