Coinbase CEO Brian Armstrong Just Doubled Down On His $400,000 Price Target for Bitcoin. Here's Why He's Wrong.

Coinbase CEO Brian Armstrong has doubled down on his $400,000 price target for Bitcoin, despite skepticism from some analysts.

Armstrong's bullish stance on Bitcoin is based on his belief that the cryptocurrency will become a global reserve asset.

While some analysts question the feasibility of Armstrong's price target, others agree that Bitcoin has the potential to reach new highs in the coming years.