Coinbase Chief Executive Officer Brian Armstrong said in a Sept. 19 interview with MoneyRehabPodcast that he still stands by his earlier view that Bitcoin could reach $400,000 by 2030. Armstrong tied that outlook to Bitcoin’s historical four-year cycle, saying supply has roughly halved every four years and those cycles have usually included a rally followed by a pullback lasting about a year. Based on that pattern, he said Bitcoin could climb to around three times its previous high by 2030 if it follows a similar trajectory again. Armstrong also drew a clear line around the claim: he described it as a hypothetical scenario, said past performance does not indicate future results, and stressed that the $400,000 target is far from certain. The remarks were cited by Techub News, which attributed them to the podcast interview and noted the post via WuBlockchain.
Coinbase Chief Executive Officer Brian Armstrong said in a Sept. 19 interview with MoneyRehabPodcast that he still stands by his earlier prediction that Bitcoin could reach $400,000 by 2030.
Armstrong said Bitcoin has historically moved in roughly four-year cycles, with supply halving about once every four years. Those cycles, he said, have typically included an upswing and then a pullback lasting about a year.
On that basis, he said Bitcoin could reach about three times its previous high by 2030 if it follows a similar pattern again.
He also stressed that this is only a hypothetical scenario. Past performance does not indicate future results, and the $400,000 target is far from certain.
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