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Bitcoin Bulls Get A Boost From Coinbase's Armstrong – But BOJ Move Could Test The Rally
Bitcoin (BTC) has likely bottomed, said Coinbase Global Inc. (COIN) Chief Executive Officer Brian Armstrong, even as traders are bracing for a Bank of Japan (BOJ) rate decision that could affect crypto markets this week. Armstrong said in an interview on Friday that his "instinct is we probably have bottomed at this point, maybe at the 60k number," while cautioning that "nobody can say for sure." He reaffirmed that he remained "long Bitcoin, just like always" and described the asset as "the new digital gold," predicting a "much higher" price by 2030. Armstrong added a bullish tone to a market that has been grinding ... (full story)
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