Upwards trend
The Coinbase stock is showing a nice upwards momentum these days with a leverage on the Bitcoin price. The stock is up +120% from its all time low in December while Bitcoin is up +70% from its cyclical low. The company benefits from increasing interest in crypto assets and is still cheap compared to its ATH of around $350.
If you believe in a rising crypto market it is obvious to believe in a further rise of Coinbase. I stacked up my position today and holding a small exposure to this promising crypto company.
Do you think Coinbase will see its ATH again in the coming bull market?