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Coinbase Soars to All-Time High: Bullish Signals Flash Green – Analyst Consensus Revealed
Coinbase Soars to All-Time High: Bullish Signals Flash Green – Analyst Consensus Revealed
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Coinbase just smashed through its previous ATH—riding a wave of institutional inflows and retail FOMO. But is this rally built to last, or just another crypto sugar rush?
The Bull Case: Institutional Stampede
BlackRock’s ETF approvals and MicroStrategy’s latest billion-dollar Bitcoin binge lit the fuse. Now trading volumes are exploding like a DeFi yield farm in 2021.
Bear Traps Ahead?
Some analysts whisper about overleveraged traders and Coinbase’s 30% reliance on transaction fees—’Remember when Blockbuster thought late fees were sustainable?’ quipped one hedge fund manager.
The Verdict
For now, momentum trumps skepticism. But in crypto, ‘all-time high’ just means ‘future liquidation level’ for the shortsighted.
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