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Is Bitcoin going up or down? Reports from various parties have different views on trends

2026-09-11 15:22:14
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Yahoo Finance and Bitcoin.com News both reported Coinbase CEO Brian Armstrong's remarks about Bitcoin hitting a bottom, but the two described the day's price trend diametrically opposed.

Consensus content

Brian Armstrong said: "I personally think that in this cycle, we have seen the bottom of Bitcoin prices."

Armstrong predicts that Bitcoin prices will move higher in the next year or two as the market approaches the next halving.

Armstrong also discussed growth trends such as stablecoins, tokenization, predictive markets, and "agency finance" that exceed the Bitcoin price itself. Coinbase's forecast markets business was cited to show its quarter-on-quarter growth rate of approximately 100%.

Report on differences

1. The direction of Bitcoin prices before and after the comments were released

Bitcoin and other cryptocurrencies (such as Ethereum CRYSTPTO: $ETH) rose again and outperformed the U.S. stock market, which has been sluggish since late August.

Yahoo Finance

Release Time: 2026-09-10 13:55

Title: "Coinbase boss says Bitcoin prices fall as cycle bottoms out"

Bitcoin.com News

Release Time: 2026-09-10 15:10

Title: "Brian Armstrong Says Bitcoin Prices May Have Booked Down, Despite Thursday's 3.3% Drop"

How to Clarify Differences: You need to view a timestamped Bitcoin price chart or exchange data for September 10, 2026 (e.g., from Coinbase or a market data provider) to show intra-day and monthly price movements.

2. Recent percentage price changes in Bitcoin

Bitcoin prices have risen nearly 25% since the end of August.

Yahoo Finance

Release Time: 2026-09-10 13:55

Title: "Coinbase boss says Bitcoin may have hit bottom despite Thursday's 3.3% decline"

Bitcoin.com News

Release Time: 2026-09-10 15:10

Title: "Brian Armstrong Says Bitcoin Price May Have Booked Down, Despite 3.3% Falling on Thursday"

How to Clarify Differences: Historical BTC/USD price data from the end of August to September 10, 2026 is needed, and the data source should be an exchange or market data aggregation platform.

Analysis Suggestion

Given that the two media outlets have completely agreed on Armstrong's direct quote about "bottoming out the cycle", it can be regarded as an established fact. However, reported price trends (whether they are up or down) should not be regarded as conclusive until time-stamped Bitcoin price data for the relevant period is verified.

Updated

September 11, 2026 06:09 UTC ·Added by BeInCrypto

BeInCrypto reported that Armstrong's $400,000 Bitcoin target is anchored in 2030, which means a 420% increase from a price of approximately $76,930. The media pointed out that Bitcoin has fallen 5.4% in the past week and is currently about 39% below its record high in October 2025.

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