Armstrong said his instinct is that bitcoin has probably found its floor, pointing to the four-year cycle that has historically marked lows. Coinbase chief executive Brian Armstrong said his “instinct” is that bitcoin likely bottomed around $60,000, while cautioning that no one can be certain. Armstrong, who called bitcoin “the new digital gold,” said he remains long the token and expects its price to be significantly higher by 2030 despite the recent drawdown. Bitcoin has rebounded to above $6…
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