Fundamental Analysis - Coinbase
x Regulated Cryptocurrency Platform: Investor Confidence.
x Dropped 50% off its IPO price - Undervalued
x Bitcoin trading at $50,000, back up $20,000 (was trading at $30,000) - Increase in crypto exchange serape
x NQ, SPY trading at record highs
Risk
x Infancy market driven mainly by retail hype (in my opinion)
X Entry Point:$240 X Target: $294 X % Increase: 22.36%
x Regulated Cryptocurrency Platform: Investor Confidence.
x Dropped 50% off its IPO price - Undervalued
x Bitcoin trading at $50,000, back up $20,000 (was trading at $30,000) - Increase in crypto exchange serape
x NQ, SPY trading at record highs
Risk
x Infancy market driven mainly by retail hype (in my opinion)
X Entry Point:$240 X Target: $294 X % Increase: 22.36%