Coinbase co-founder and CEO Brian Armstrong stated in an interview with Bloomberg Television that he is personally convinced that Bitcoin has hit its bottom in the current cycle. He projected that the price would start an upward trend towards the next halving event over the next one to two years.
Bitcoin (BTC) has been on a downward trend for about a year, but has recently entered a rebound phase. Armstrong noted that Bitcoin tends to follow a roughly four-year cycle in its price movements...