Coinbase - Will BTC drag us to the $128 areaCoinbase Global, Inc. Class ABATS:COINTSuthCoinbase has so many different options in front of it, it is hard to decide which will unfold. The white and turquoise are extremely similar and both suggest that a bottom is already in. The orange count suggests that we don't yet have a bottom and price is destined to hit the $128 area. In this area we have some strong confluence in the form of the minor C wave 1.382 and intermediate (A) wave 1.786. If BTC visits the $52k area as I think it is very likely to, then it goes without saying that the orange count raises significantly in odds of playing out. However, COIN has diverged from BTC slightly lately and the structures they have carved out are slightly different. So, it is not a guarantee. In the end we just have to wait and see what unfolds. However, in my view, there is only two options from here. The first is that a bottom is in and we have begun the process of carving out the pattern higher to the $300's. The second, is that price makes a new low to the $128 area, followed by a move higher to the $300's. Either way, rather we move lower again or not, I still foresee price hitting the $300's BEFORE the end of the year. Likely, it would hit this area before the end of October. Time will tell. Let me know if you have any questions.