COINBASE

Current Share Price: $165

Market Cap: 41 Billion

Short Term Price Target: $350

Long Term Price Target: $700

Thesis:

• Quietly in August, banking reserve requirements have dropped. This means money injections.

• Big one, unpopular opinion, I've said this multiple times. Unemployment will continue going up. 50 bps cut next round.

Treasury General Account Balance

TGA will nuke to close to zero before debt celling. It's a requirement. This means massive money injections.

China Liquidity

Everyone is talking about it now. Too late, it already happened. More to come.

Injecting liquidity into the markets along with the Federal Reserve cutting rates in September by .50bps and expected to cut rates by another .50bps in November SHOULD in theory send Bitcoin $BTC to around 100k or 50% upside.

$Coin volatility is 2x what $BTC is, which in theory should move $Coin 100%+ or to $350.

Interstellar Ventures is expecting BTC at 100k and $Coin at $350 by EOY 2024.

Long Term Coinbase Price Target is based on a BTC price that is over 100k and Coinbase being included in the S&P500.

NOT FINANCIAL ADVICE