$Coinbase Global, Inc.(COIN)$

$Coinbase Global, Inc.(COIN)$ COIN has a broken business model. For individual investors, it's now far cheaper to buy Bitcoin and Ether as an ETF in a traditional brokerage account. As more crypto ETFs are launched, the need for Coinbase will evaporate for most individual investors. COIN's institutional business will not make up for the lost profits from its retail business. COIN chart is horrible. Look at the next downside support level.

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