Mabel Edison
04-15

$Coinbase Global, Inc.(COIN)$

Looking at the weekly chart of Bitcoin, it's at 81,300 US dollars, and it feels like it can't hold on anymore. There is a major correction in global assets, and it might just be arriving a bit late but still coming. I'm currently in a cash position, waiting for a wick (price spike) or for a clear indication on the right side of the chart to emerge. If there is another bull market, among the blockchain concept stocks, I only want to consider Coinbase as a potential target for bottom-fishing, and I won't include any others in my portfolio.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment