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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