Bullish scenario:
Moving to Crypto Friendly Jurisdiction while simultaneously taking greater market share (from Binance and such);
Catalyst:
SEC lawsuit is dismissed as bogus, designed to distract from banking crisis brewing and scare public from entering the crypto stage, all benefiting Blackrock and Citadel
Required: violent break out above $80 into $120-160 range.
Moving to Crypto Friendly Jurisdiction while simultaneously taking greater market share (from Binance and such);
Catalyst:
SEC lawsuit is dismissed as bogus, designed to distract from banking crisis brewing and scare public from entering the crypto stage, all benefiting Blackrock and Citadel
Required: violent break out above $80 into $120-160 range.
Binance 4.3b fine + Many other exchanges like Bitrex already exited or exiting ...
is great for CoinBase.