April 14, Coinbase IPO and pump on bitcoin?

[LUCKMCFLY]

There is currently a slight correction in the Bitcoin market, it is also in the Coinbase shares of Coinbase on Wall Street, I think there is no correlation here, it is just a sample of chance, if we take into account that Wall Street is giving it some input to Bitcoin, it is a form of mass adoption that can be given, years ago nobody believed that this moment could come.

In this article they talk about it and how they can buy Coin on Nasdaq, and also Bitcoin has become popular, since being "popular" represents a lot in the world of finance on Wall Street.

Bitcoin options have, in recent times, become a popular market. As per data on analytics service Glassnode, crypto exchange Deribit underwrites several billion dollars worth of BTC options each month. Similar products on Binance and OKEx see a fraction of those volumes but are a growing market.

Source: https://cryptoslate.com/you-can-now-trade-coinbase-coin-options-on-the-nasdaq/

Of course, on Wall Street they talk about inside information, about how investors can overcome the fall of the shares, a market that will always be latent is that of Bitcoin, if they only see what has grown in price, it is very likely that many they will be interested in investing. A potential PUMP for new investment coming from Wall Street cannot be ruled out, as I said earlier, Bitcoin is gaining exposure.

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[bbc.reporter]

@LUCKMCFLY. I become skeptical when I read articles written similar to that. Sometimes they appear to be paid for advertisments written as an article.

In any case, there was no pump again on COIN. Insiders might be accumulating before the pump. This pattern is very familar hehehe.

[Hippocrypto]

@LUCKMCFLY. I become skeptical when I read articles written similar to that. Sometimes they appear to be paid for advertisments written as an article.

In any case, there was no pump again on COIN. Insiders might be accumulating before the pump. This pattern is very familar hehehe.

Great if those signs will commence a good outcome and if the familiarity of the pattern would again be fulfilled.
The price was just establishing a strong momentum before recovery happens, that's what we're looking right now while price stabilized at this moment. Panic sellers would regret if they'll let their emotion dominate their decisions, and if they prefer to be patient instead of ranting I'm sure gains will come.

[btc_angela]

@LUCKMCFLY. I become skeptical when I read articles written similar to that. Sometimes they appear to be paid for advertisments written as an article.

In any case, there was no pump again on COIN. Insiders might be accumulating before the pump. This pattern is very familar hehehe.

Yeah, no more pump, but it's good though, we can get in and enter the picture at cheap price and then see how it goes in the next week. And I think it's normal for Brian and others to really dump their shares in the beginning. Very familiar? sound like crypto pump isn't it ? LOL. It could be a period of accumulation, the calm before the storm before we can see another dump (or pump).

[LUCKMCFLY]

@LUCKMCFLY. I become skeptical when I read articles written similar to that. Sometimes they appear to be paid for advertisments written as an article.

In any case, there was no pump again on COIN. Insiders might be accumulating before the pump. This pattern is very familar hehehe.

The truth is that everything is relatively new, it is the first time that new ATHs for Bitcoin occur at the same time, a new intrinsic visualization of Bitcoin on Wall Street, every article I read from Wall Street about Coinbase is trying to find more details Of course , Coin's second week is just beginning.

The pumps that everyone expects may not happen now, but investors are seeing great possibilities, of course it is only the beginning, being able to do a long-term analysis is not possible yet, it has no relevant background, I think some will buy and wait for a couple of years to make a profit, I do not think that in the short term there will be very important movements or with some volatility.

[FanEagle]

The truth is that everything is relatively new, it is the first time that new ATHs for Bitcoin occur at the same time, a new intrinsic visualization of Bitcoin on Wall Street, every article I read from Wall Street about Coinbase is trying to find more details Of course , Coin's second week is just beginning.

The pumps that everyone expects may not happen now, but investors are seeing great possibilities, of course it is only the beginning, being able to do a long-term analysis is not possible yet, it has no relevant background, I think some will buy and wait for a couple of years to make a profit, I do not think that in the short term there will be very important movements or with some volatility.

Think about it this way, when the halving happened price was around 10k, and all throughout the summer the price was around 10k as well, it didn't increase, I do not remember when it started to increase but I remember before the year ended it didn't reach 30k neither, it was under 30k before 2020 ended, so that means we are talking about 3x increase in 2 months or so time when pump started, and another 2x on top of that afterwards, a total of 6x increase from October or so until march, that is very quick but at the same time we were still same price after the halving.

I see this about the same, IPO was great, it will impact the price, but that may not happen for a few more months. Now that Coinbase is a publicly traded company, people will trust them more and more and those huge companies that buy in billions of dollars will pick Coinbase with ease and that will increase the price.