AI COIN Forecast


Price Forecast:


Bearish<->Bullish


Bullish Case: Bullish sentiment is supported by the rising demand for COIN options, with significant interest in call options ahead of potential regulatory clarity, positively impacting trading volumes and price momentum.


Bearish Case: A downturn may arise from increasing regulatory scrutiny, particularly related to the SEC lawsuits, alongside continued high market volatility that could lead to decreased investor confidence.


Potential Outcomes:

1. Regulatory approval for a spot ETF: 40% (could drive volumes).

2. Continued SEC litigation causing operational constraints: 30%.

3. Global expansions increasing user engagement: 30%.


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August 27, 2024


Coinbase Forecast

COIN      Coinbase











Correlated Assets

Assets that tend to move strongly with COIN



OTIS Forecast + Options Trading Strategies   OTIS  Otis Worldwide (0.94)


H Forecast + Options Trading Strategies   H  Hyatt Hotels (0.92)


ARKW Forecast + Options Trading Strategies   ARKW  ARK Next Generation Internet (0.91)


IR Forecast + Options Trading Strategies   IR  Ingersoll-Rand (0.91)


HIMS Forecast + Options Trading Strategies   HIMS  Hims & Hers Health (0.9)



Uncorrelated Assets

Assets with little price relationship to COIN



UA Forecast + Options Trading Strategies   UA  Under Armour (0.01)


INSP Forecast + Options Trading Strategies   INSP  Inspire Medical Systems (-0.01)


LH Forecast + Options Trading Strategies   LH  Laboratory Corp. Of America (-0.01)


PATH Forecast + Options Trading Strategies   PATH  UiPath (-0.01)


COTY Forecast + Options Trading Strategies   COTY  Coty (-0.01)



Anticorrelated Assets

Assets that tend to move strongly against COIN



VIXY Forecast + Options Trading Strategies   VIXY  ProShares VIX Short-Term Futures (-0.84)


SQQQ Forecast + Options Trading Strategies   SQQQ  ProShares UltraPro Short QQQ (-0.85)


NKLA Forecast + Options Trading Strategies   NKLA  Nikola (-0.86)


SPXS Forecast + Options Trading Strategies   SPXS  Direxion Daily S&P 500 Bear 3X Shares (-0.86)


SH Forecast + Options Trading Strategies   SH  ProShares Short S&P500 (-0.86)





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