COIN is still in the process of correcting down to it's target at $100 (with a possibility of a wick down to $83) and after we get there, I think we'll start our next leg up which will take us past $500.Why do I still think we have another leg down? Well if you look at the chart, you'll see that we've only had 3 waves down on the downside and the 5th wave looks to be coming soon here.
After we bottom, I think it's likely that we'll see a 5-7x, with the most likely target of the move being $770, which is likely to come in 2026-2027.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.