Coinbase’s Brian Armstrong still thinks Bitcoin will hit $400,000 in 4 years

Coinbase Global (NASDAQ: COIN) CEO Brian Armstrong still sees a path for Bitcoin to reach $400,000 by 2030. Brian repeated the forecast during a September 19 interview with MoneyRehabPodcast. His view is built around Bitcoin’s past market cycles. The network cuts the amount of new BTC entering circulation about once every four years.

Previous halving periods have often been followed by sharp price runs, then major pullbacks that can drag on for close to a year. Brian said another similar cycle could take Bitcoin to around three times its previous record price before 2030.

Brian said the estimate depends on Bitcoin behaving in a way that resembles earlier cycles. He also made clear that earlier price action cannot tell investors exactly what comes next. The target is therefore a possible outcome, not a fixed forecast.

Coinbase shares were priced at $198.85 on Pluang at 16:01 WIB on September 25, down 0.18% over 24 hours. The crypto exchange had a market value of $52.27 billion, while COIN’s 52-week trading range stood between $141.09 and $387.27.

Coinbase adds fixed Bitcoin loans while ETF buyers pour $2.4 billion into the market

Coinbase has also expanded its lending business with fixed-rate USDC loans backed by Bitcoin. Borrowers receive their interest charge and repayment deadline at the start of the loan instead of watching the cost move with market conditions.