Is ARK Invest CEO Cathie Wood Predicting the Coinbase (COIN) Share Price to Drop?
Is ARK Invest CEO Cathie Wood Predicting the Coinbase (COIN) Share Price to Drop?
ARK Invest considerably reduced their positions in Coinbase by selling $26.23 million in shares during the past week.
However, technical analysis paints a bullish picture since both the weekly and daily timeframes support the increase.
In any case, falling below the resistance line of the current pattern could lead to a sharp fall toward the support line of the same pattern.
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