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Brian Armstrong maintains forecast of Bitcoin reaching $400,000 by 2030

The Motley Fool +1 ·

COIN Coinbase Global Inc
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BTC BTC +0.66%
  1. 1Coinbase Global CEO Brian Armstrong maintained his forecast that Bitcoin prices will reach $400,000 by 2030.
  2. 2Nicole Laffin calculated that the annual compound growth rate required for Bitcoin to reach $400,000 is approximately 50%.
  3. 3Brian Armstrong warned that these forecasts are all speculation since past performance does not predict the future.

So what's the key point?

The head of Coinbase Global said Bitcoin will reach $400,000 by 2030. However, they added that this is just speculation since past results do not guarantee the future.

Source The Motley Fool +1 · View original ↗

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