26-01-2023 15:03 via coinjournal.net

Coinbase stock could tank 40% from here: Mizuho

Coinbase Global Inc will likely give up its entire year-to-date gain in the coming weeks and months, says Dan Dolev, a senior analyst at Mizuho.
Coinbase stock could make a new low
This week, Dolev reiterated his “underperform” rating on the cryptocurrency exchange and announced a $30 price objective that represents an alarming 40% downside from here.
His warning is based primarily on a new survey that suggested retail traders are not participating much despite the recent surge in Bi
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