Altcoins News

Story: Coinbase CEO Sees $1M Bitcoin, But Analysts Urge Caution at $124K First

By James Thorp

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Armstrong’s Bold Prediction. Speaking on the Cheeky Pint podcast with Stripe co-founder John Collison, Armstrong outlined why…

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Analysts Preach Patience. Despite the optimism, analysts urge caution, noting that Bitcoin’s near-term trajectory is far…

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Tailwinds and Risks for Bitcoin. Supporters of Armstrong’s forecast argue that several macro and structural factors could continue…

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Other Bold $1M Bitcoin Calls. Armstrong joins a growing list of influential figures who have projected a million-dollar Bitcoin…

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Coinbase CEO Brian Armstrong has become the latest prominent crypto executive to project that Bitcoin (BTC) will eventually reach the $1 million milestone by 2030.

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Speaking on the Cheeky Pint podcast with Stripe co-founder John Collison, Armstrong outlined why he believes Bitcoin has the potential to appreciate nearly tenfold within the…

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“The rough idea I have in my head is that we’ll see a million-dollar Bitcoin by 2030,” Armstrong said.

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Regulatory clarity in the U.S.: Armstrong highlighted that the United States is emerging as a “bellwether for the rest of the G20” on digital asset regulation.

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The U.S. Strategic Bitcoin Reserve: Armstrong underscored the symbolic importance of the federal government officially holding Bitcoin.

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Institutional adoption: With demand for spot Bitcoin exchange-traded funds (ETFs) growing and corporate treasuries diversifying into BTC, Armstrong believes structural support…

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Armstrong’s comments came the same day that Eric Trump also predicted $1 million Bitcoin within “a couple of years” while speaking at the Wyoming Blockchain Symposium.

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“Let’s try and hold $124K first, guys,” McKay posted on X, referencing Bitcoin’s latest all-time high of $124,128 reached last week before the market corrected nearly 10%.

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Bitcoin has since pulled back to around $112,676, according to CoinMarketCap data, down about 2.4% over the past 30 days.

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McKay also pointed out that investment bank Standard Chartered has already forecasted Bitcoin could hit $500,000 by 2028, lending credibility to bullish long-term models.

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Institutional demand: Spot Bitcoin ETFs have seen record inflows since approval, cementing Bitcoin’s role as an investable asset class.

The Currency Analytics

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