Short

COIN vs BTC

Updated

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Correlation between COIN and BTC trend is high. In 2022 BTC will continue downtrend to reach bottom at around 15-25000$ which is 40-50% loss from current level. Lowest levels should be reached between 2022 and 2023.

COIN will follow BTC trends and if we assume that also will lose 40-50% from current levels the best moment to buy should be around end of 2022 for long term investors.

Next bull market on Bitcoin will start after next halving in 2024 and I believe again it will become trending in media. If Coinbase will take this chance for more aggressive marketing to bring more customers and offer new features we can see rally together with Bitcoin for new ATH.

Comment

So in result this level was reached faster than I thought. Possible is further drop.

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