The rally from is corrective in nature taking a form of a zigzag. the market should resume in wave c to take prices below the 31.85. The risk is to the downside.
Bro U got sooo big bias what you painted here is purely coicedent u try to find pattern but you clearly do not understand that the channel u painted had a break out you created bias in your head if someone now shorting coinbase is an idiot the ath was 66k BTC now we are at the same level and only 270 $ have a clue my friend we have diffrent market dynamics something that happens in past is never the same in the future this is very simplistic approach you have and I do not reccomend listening to this man you will lose money for sure coinbase is more volatile than btc please stop what you are doing you will harm yourself and others
I completely agree that there will be a drop but to that certain extent is crazy
Th3Unkn0wn
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Coinbase got nothing special. There are a lot of brokers.
joshmcg2016
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@Th3Unkn0wn only crypto exchange allowed by the SEC, they got a monopoly. The markets will stay more irrational then you can stay solvent
Th3Unkn0wn
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@joshmcg2016 they will drop in future. You will see. Nobody cares about the papers from the sec.
joshmcg2016
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W rhyme from crackhead here
shivvvy
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Coinbase make money from transaction of any coin, given the volume of transactions, coinbase is worth what the stock is worth . IMO, I only see an upside to above 300 for sure