Took partial profits on my long-term $COIN position, locking in a 186% gain.
I started buying Coinbase in January 2024, and it’s now close to a 3x return.
As it approaches its all-time high, I’ve trimmed some of the position.
Hopefully, by the end of the year, $COIN can reach $1000, fulfilling the 10x in two years forecast I made back in 2024.
10x stock opportunity in 2 years—Coinbase
Previously recommended to buy Coinbase, after breaking through the large arc bottom, reaping over 50% profit. Currently, Coin is correcting close to the 0.618 level + retesting the arc bottom neckline + breaking through the weekly downtrend line. Coinbase's market cap of $31.5 billion is lower than $BNB's market cap. As one of the few compliant and largest exchanges in the US, along with the support of ETF business, a crypto bull market, and the Federal Reserve's interest rate cuts, Coin is severely undervalued. This is a rare opportunity, and I have heavily invested; looking at a 7-10x return in 2 years!
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