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Coinbase CEO Brian Armstrong Suggests Bitcoin Has Found Its Price Floor at $60,000
Coinbase CEO Brian Armstrong believes Bitcoin may have established its price bottom around the $60,000 mark, citing historical four-year market cycles.

Coinbase CEO Brian Armstrong believes Bitcoin may have established its price bottom around the $60,000 mark, citing historical four-year market cycles.

A prominent analyst suggests Bitcoin's 4-year cycle indicates a potential bottom near $53,000 before a new price high in 2028.

Bitcoin's current 50% decline from its peak marks its shallowest bear market yet, but analysts caution that the true bottom may not have been reached.