Key Points
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Coinbase’s CEO believes that the crypto bear market is coming to a close.
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His argument is well supported by the historical data.
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Regulations could become a tailwind, too, but there are still a few potential headwinds in play.
Coinbase Global(NASDAQ: COIN) Chief Executive Officer Brian Armstrong told CNBC on Aug. 20 that he thinks crypto is on the verge of a new bull market. If he’s right, now would be the time to finish loading up on any assets, before they start to get pricey.
So, is Armstrong’s prediction likely to play out? Let’s look at what the historical data says.
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