Coinbase CEO: Bitcoin may have bottomed out near $60,000.
TechFlame
2026-06-15 13:32
TechFlame2026-06-15 13:32
English
**TechFlame News** – According to CoinDesk, Coinbase CEO Brian Armstrong said he has a “gut feeling” that Bitcoin (BTC) may have already put in a阶段性 bottom near the $60,000 level, though he acknowledged that market uncertainty remains. In a video posted on social media, Armstrong said Bitcoin may have formed a local low around $60,000, adding that the historical four-year halving cycle usually aligns with market bottom zones.
“I remain long-term bullish on Bitcoin and believe the price will be significantly higher in the future,” he said. Armstrong referred to Bitcoin as “digital gold” and predicted its price could be well above current levels by 2030.
In the recent market movement, Bitcoin fell to around $59,700 on June 5 before rebounding above $66,000—up nearly 3% in 24 hours—after macro positive developments including a preliminary peace agreement between the U.S. and Iran and the reopening of the Strait of Hormuz. Armstrong’s view echoes the assessment of some on-chain analysis firms.
CryptoQuant previously noted that Bitcoin has entered a historically valued range close to its realized price (approximately $53,600), but ETF flows have yet to fully stabilize, meaning demand-side recovery still needs time. Analysts generally believe that while prices may be nearing a bottom zone, “bottoming” and “trend reversal” remain two distinct phases that still require further confirmation from macroeconomic and capital flow data.