Coinbase shares surged 20% to

Coinbase shares surged 20% to a three-year high Monday as investors bet that higher trading volumes and a more favorable regulatory environment under the incoming Trump Administration could benefit the crypto exchange. The stock broke out above the top trendline of a seven-month descending channel last week on above-average volume, with follow-through buying continuing into this week. We should watch key overhead levels on the Coinbase chart around $369, $430, and $695, while monitoring an important support area near $220.

Citron Shorts MSTR: Would You Bottom or Go Short?

MicroStrategy, known as a "major Bitcoin holder," saw its stock price plummet after Citron Research, led by Andrew Left, posted on social platform X announcing a short position against the software company. Citron argued that MicroStrategy has essentially transformed itself into a Bitcoin investment fund. ----------------- Would you consider bottoming them during a pullback? What's your target price for MSTR?

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Comments

extractoi
11-12
extractoi
Exciting times for Coinbase
JackPowell
11-12
JackPowell
Buy the dip

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