Brian Armstrong

And Coinbase.

Yes, Coinbase CEO Brian Armstrong said this week that he believes Bitcoin may have already made its cycle low and could trend higher over the next two years.

This is coming despite Bitcoin's current pullback and renewed rate pressure.

He's bullish.

They're trying to get it through.

Like I said yesterday, fair shake.

Brian Armstrong, people who have... put money into politics to try to get this through if they don't get it through there's going to be some big money unhappy looking at some security enforcement highlights treasure says a breach at a third from at a third party service provider allowed attackers to send phishing emails from what appeared to be a legitimate company domain the hardware wallet maker that's treasure the says that the problem did not compromise the underlining wallet technology itself.

However, it compromised the people, right? So this is a reminder that attackers increasingly target consumers and their hardware is intact because of cryptography.

And then the other piece that I thought is always interesting is, you see a lot of global leaders talk about that.

The Coulson brothers at Stripe or even Brian Armstrong at Coinbase.

I mean, ejected commerce is not going to happen on the traditional fiat system.

It's going to happen on stablecoins.

SBF petitioned the Supreme Court to overturn his fraud conviction.

Brian Armstrong told CNBC that $400,000 Bitcoin by 2030 is his reasonable target.

Binance's Bitcoin reserved topped $693,000.

They are now at a two-year high.

First of all, let's go see.

There's a story here, and I agree with Brian Armstrong here, which is why I'm going to go ahead and bring this up really

quick.

But, you know, crypto wins regardless of Clarity Act vote, Coinbase's Armstrong says.

Usually these markets like to kind of do the inverse of what the average person is thinking because the idiot trade today, the easy trade is that everything is going to hell in a handbasket.

We're going to de-risk like crazy, and largely I've seen over the last – few weeks there's been massive inflows into crypto and bitcoin i don't think there's necessarily banking on the clarity act has worked out i think it's actually more related to the sec moving forward with their own and we have uh brian armstrong coming out with even more uh highlights about that good morning everyone you can just do fine swing swing trading without leverage absolutely swing trading and that's how i treat the all coin bag it's like it's I treat the altcoin bags as trades, for sure, because those have to last, you know, for a few years, right? I'm loading up on altcoins in what is generally, in my view, a bottoming structure for crypto.

But those altcoins will be jaded.

Bitcoin's the kind of longer-term play.

And I think that's what we're seeing right now on the – on the general kind of flow of where this Clarity Act is going.

I'm not sitting here begging for the government to come save my bags either.

I think that the SEC that we have right now, the leadership there is just fine to give good, reasonable working space for these companies here in the U.S. Brian Armstrong, he doesn't seem too concerned about things.

He's saying that Bitcoin has bottomed for the current cycle and expects an uptrend over the next two years.

Exactly.

So Coinbase CEO Brian Armstrong has come out with this very confident public assertion that Bitcoin has officially reached its cycle low.

He's predicting a one to two-year upward trend from here.

Which sounds great.

beneath the surface of bitcoin right now and i think most people are just completely underestimating what comes next because the pieces they're starting to line up in a way we have never seen before and if you understand what those pieces are you'll understand why today's story is so damn important let's get right into it four hundred thousand dollar bitcoin not from some anonymous account farming engagement, not from a random influencer throwing numbers at the wall.

We're talking Coinbase CEO, Brian Armstrong, who just put that number on the table.

And the crazy part, that may be conservative because the $400,000 prediction isn't even the most important part of the story.

Look at what's happening underneath the surface right now.

No central bank can print another million because demand exploded.

No government can authorize an emergency supply increase.

No CEO can issue more shares.

And millions of coins are already permanently lost or held by long-term owners with no intention of selling anytime soon.

We'll see if that plays out that way.

The good news is, is what Brian Armstrong came out and said today, because Brian Armstrong two months ago told everybody, hey, if clarity doesn't come in the United States, if there's not regulation, Coinbase is going to leave and go overseas.

So there was a little bit of a fear there.

It's like, man, we got to get this passed or some of the best companies in America will leave.