Coinbase: Armstrong Ties Bitcoin Inflows to Spending
Coinbase CEO Brian Armstrong links Bitcoin inflows to runaway government spending, calling it digital gold at $81361.18 with BTC price prediction signals on 4h chart.
SourceAnalysis
Coinbase CEO Brian Armstrong stated capital flows into Bitcoin when government spending gets out of control, labeling it "Bitcoin is gold" in a direct nod to its role as digital gold amid rising debt levels.
Price action on the 4h chart shows BTC at $81361.18 inside the Bollinger Bands with upper resistance at $83370.24 while RSI(14) at 74.6 signals overbought conditions and MACD holds a bullish golden cross at 1238.85; traders now watch for a healthy retracement toward the EMA50 support at $78416.66 before any continuation higher, a setup that aligns with historical BTC price prediction models during fiscal expansion cycles and reduces near-term crypto market crash risks.
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