Coin to 125%?
Updated
Positive
Bounce of 50 SMA
Inverse Head and Shoulders
Have been accumulating fearlessly
All US #Bitcoin ETFs listed Coinbase as the custodian
All major competitors like Binance
Negative
SEC lawsuit
Macro winds
Crypto uncertainty
Bounce of 50 SMA
Inverse Head and Shoulders
Have been accumulating fearlessly
All US #Bitcoin ETFs listed Coinbase as the custodian
All major competitors like Binance
Negative
SEC lawsuit
Macro winds
Crypto uncertainty
Comment
105 (35% profit)Price should hold a few days around this area before moving to $130.
The positive XRP ruling outcome means good times for alts.
Binance is under a lot of pressure. Looks like they are forced out to make room for Coinbase, the only US semi-approved exchange for institutions for now.
In the positive section above I meant that "Ark" have been accumulating fearlessly.
Since then, Cathie Wood sold about 8% of her position, looks like a rebalancing to me. Coinbase is still the 2nd biggest holding of Ark, around 7%.
Comment
Looks like a bullish flag formation, but let's seeNext Target: 130
Comment
Retest of the base80 👀
Comment
Still in range, sideways movementAs long it's between 72-80$ it looks like a good accumulation area for me
Comment
Following the liftoff 🚀First Target 130$ almost reached (yesterday touched 129$)
Comment
$178.7 👀Most analysts believe Bitcoin ETFs are likely, and Coinbase has the potential to continue growing. However, after a 450% move in one year and 125% in five months, a healthy pullback is likely at some point, potentially within the range of 180-200. Maybe a "Sell the news" event after ETF approval (or a possible delay) at the beginning of January.
Coinbase is definitely a company I'll be holding during the crypto bull run.
Trade closed: target reached
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