Coinbase Global

COIN: Strong Correlation with Bitcoin price

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Perhaps it seems obvious, that COIN stock price would have a strong correlation with bitcoin price, but this theory has now been proven, that at least for now it is clear based on the charts.

So what is the move then? I will wait to buy into COIN, for when the next crypto major crash occurs. Having been trading in crypto since late 2014 let me make something very clear: it is not if, but when we will see a next major downward correction across the crypto market

Good luck all!

(Warning: not trading or financial advice)

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