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Coinbase Global (NASDAQ: $COIN) CEO Brian Armstrong said that he believes Bitcoin (CRYPTO: $BTC) has officially bottomed and expects it to move higher over the next two years.
"I personally think we've seen the bottom of the Bitcoin price in this cycle," said Armstrong in a media interview.
Armstrong, who runs the Coinbase crypto exchange, added that he doesn't anticipate another downturn in Bitcoin's price until the next halving event that's expected in about two years.
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