Coinbase CEO Brian Armstrong is betting big on Bitcoin’s recovery, predicting a floor around $60,000 after a steep drop from all-time highs. He argues the current decline is milder than past cycles thanks to growing institutional adoption—ETFs and corporations are now absorbing supply, making deep dips less likely. With Bitcoin’s historic halving cycles pointing to future peaks and the new institutional players stabilizing the market, Armstrong believes the worst is behind us and prices could soar by 2030. For investors, now might be the time to buy—especially with dollar-cost averaging, which lets you accumulate more at lower prices if the market dips further. The core mechanics of Bitcoin remain intact, and with major players entering the game, the long-term outlook is bullish.
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