Coinbase CEO Brian Armstrong has reiterated a strongly bullish long-term view on Bitcoin, calling a $400,000 price target by 2030 a “reasonable target.” Speaking in Singapore, Armstrong said Bitcoin may have already passed its bottom in the current market cycle and predicted that the cryptocurrency could re-enter an upward trend within the next 12 to 24 months.
The comments reflect growing confidence in Bitcoin’s long-term adoption path, which Armstrong believes will be supported by institutional participation, spot Bitcoin ETFs, corporate treasury allocations, and clearer regulatory frameworks. He argued that Bitcoin’s limited supply could support substantially higher valuations if demand continues to expand over time. However, he framed the $400,000 forecast as an opinion rather than a guaranteed outcome.
Armstrong also said a final agreement is nearing on the Clarity bill, a legislative effort aimed at regulating the US cryptocurrency market. Regardless of whether Congress passes the bill, the Coinbase executive expects the SEC and CFTC to provide clearer regulatory guidelines within one to two weeks.
In addition, Armstrong announced that Coinbase is preparing to launch tokenized shares in the United States, describing the initiative as an important part of the company’s future plans. He outlined four main trends that he expects to support crypto sector growth through 2027: stablecoin-based payments, tokenization of stocks and real-world assets, predictive markets, and smart agent finance. According to Armstrong, these areas will increase mainstream adoption and serve as key drivers of market growth in the coming period.