Coinbase is one of the most profitable companies in the USA - super bullish
Major financial institutions such as : Pension funds, Mutual Funds, and Insurance companies will be able to obtain exposure to crypto via Coinbase shares in their portfolios - ultra bullish
Until SEC approve crypto/ Bitcoin ETFs, the US pension funds will have limited avenues to gain exposure to crypto-currencies. - super bullish for Coinbase
*There could be a powerful narrative that, for example, UniSwap, Sparta, and 1inch are undervalued compared to Coinbase. (see ideas below)
- Technical -- will follow up - please follow.
Happy Bull Market come Alts season.
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IMPORTANT: What do you think, have I missed something or is there a particular indicator you like? Let me know in the comments.
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*Not financial advice and is for educational purposes only. Always DYOR.