Brian Armstrong, CEO of Coinbase, has signaled high confidence that the US Clarity Act will pass within 2026, finally establishing a comprehensive federal framework for digital assets. In a recent market update, Armstrong also declared that Bitcoin has reached its price floor for this cycle, suggesting that the macro-economic pressures of early 2026 have been priced in. He reiterated his long-standing forecast that Bitcoin is on a realistic trajectory to reach $400,000 per coin by the year 2030.
The legislative progress of the Clarity Act is seen as a pivotal turning point for the US crypto industry, which has faced years of enforcement-led regulation. Armstrong’s optimism reflects a shifting political climate in Washington, where bipartisan support for stablecoin regulation and market structure clarity has intensified. The passage of this act would clarify the jurisdictions of the SEC and CFTC, potentially unlocking trillions in sidelined institutional capital that requires a strict legal mandate to enter the market.
From a market perspective, Armstrong’s assertion that the "bottom is in" comes at a time of cautious recovery for Bitcoin. By linking the price bottom to the impending passage of the Clarity Act, the Coinbase chief suggests that regulatory risk was the primary factor suppressing Bitcoin’s valuation. If his prediction holds, the removal of this "regulatory discount" could serve as the catalyst for the next major bull run, aligning with his $400,000 long-term valuation model.
Investors and market participants should closely monitor the upcoming legislative calendar for the House Financial Services Committee, where the final amendments to the Clarity Act are expected to be debated. Any acceleration in the bill's timeline will likely serve as a bullish signal for Bitcoin and the broader digital asset market. Conversely, if the legislation faces unexpected hurdles in the Senate, the "bottom" predicted by Armstrong may be tested by renewed market volatility.