COIN Coinbase Crypto Winter in Spring

If you haven`t sold COIN here, ahead of earnings:

Then you should know that following a string of investigations and lawsuits against it, Silvergate Bank, a prominent lender to cryptocurrency firms, lost five key partners on March 2.
Coinbase, Paxos, Gemini, BitStamp, and Galaxy Digital were among the notable crypto firms that previously relied on Silvergate as their banking partner.
As a result, Coinbase ended its relationship with SI Silvergate and turned to SBNY Signature Bank, which i also believe it can drop significantly in price.

In my opinion, we are about to witness a Crypto Winter in full Spring.
COIN Coinbase could easily reach $53 by the end of this month, according to the Fibonacci retracement tool.

Looking forward to read your opinion about it.

Trade active:

COIN Coinbase was trading at $57.21 today, closer to our price target. If you bought puts, like i did, when it was $64, you should be extremely profitable now!
Congrats!

Trade closed: target reached:

Target reached. COIN trading at $51.57 intraday!
Congrats for all of you taking this trade.