It\u2019s not just BTC that’s popping. Coinbase stock (COIN) hit a fresh 52-week high this week, surging 133% from its April lows. It\u2019s now trading around $352, brushing up against its all-time high of $357 from the 2021 cycle peak.<\/span><\/p>\n

The stock rally mirrors rising BTC prices and is being juiced by bullish regulation and strong fundamentals. Q1 revenues came in at $2.03 billion\u2014up 24% YoY. Subscription and services revenue, mainly from stablecoins, jumped over 36%.<\/span><\/p>\n

Coinbase also benefits from its close ties with Circle, whose stock recently mooned after its IPO. The two companies are the driving force behind USDC, and Circle is now a top holding in VanEck\u2019s global crypto equity index. Translation: Wall Street is paying attention.<\/span><\/p>\n

So\u2026 Are We Going to $165K?<\/b><\/h3>\n

Look, if you’re betting purely on technicals, the breakout setup is there. If you’re watching fundamentals, the supply crunch is real. If you’re a macro junkie, you know the U.S. election cycle, dovish Fed signals, and fiscal madness all tilt bullish for risk assets.<\/span><\/p>\n

But it\u2019s crypto, and crypto doesn\u2019t move in straight lines. One black swan, one regulation shock, one hacked exchange\u2014and the mood flips. Still, this particular convergence of sentiment, scarcity, and structure doesn\u2019t happen often.<\/span><\/p>\n

So yes, the breakout to $165K is on the table. But as always: position accordingly, use protection, and don\u2019t be the guy buying the top on leverage with rent money.<\/span><\/p>\n

Because in the end, Bitcoin always punishes the greedy and rewards the stubborn.<\/span><\/p>\n

Written by Troy Miller \u2013 for the SuperFuture crowd who know the past but bet on the next.<\/span><\/i><\/p>\n","protected":false},"excerpt":{"rendered":"

Bitcoin is dancing on the edge of something big\u2014or at least, that\u2019s what the charts are whispering. After bouncing nearly 10% off local lows to hit $108,200 on June 25, Bitcoin is once again approaching its all-time high at $112,000. Meanwhile exchange flows are drying up cutting off supply, and if you believe in the power of technical patterns, we might be staring down the barrel of a bull pennant that screams $165,000 as a Bitcoin price target.<\/p>\n","protected":false},"author":1295,"featured_media":87415,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-87410","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/bravenewcoin.com\/wp-json\/wp\/v2\/posts\/87410","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bravenewcoin.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bravenewcoin.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bravenewcoin.com\/wp-json\/wp\/v2\/users\/1295"}],"replies":[{"embeddable":true,"href":"https:\/\/bravenewcoin.com\/wp-json\/wp\/v2\/comments?post=87410"}],"version-history":[{"count":1,"href":"https:\/\/bravenewcoin.com\/wp-json\/wp\/v2\/posts\/87410\/revisions"}],"predecessor-version":[{"id":87416,"href":"https:\/\/bravenewcoin.com\/wp-json\/wp\/v2\/posts\/87410\/revisions\/87416"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bravenewcoin.com\/wp-json\/wp\/v2\/media\/87415"}],"wp:attachment":[{"href":"https:\/\/bravenewcoin.com\/wp-json\/wp\/v2\/media?parent=87410"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bravenewcoin.com\/wp-json\/wp\/v2\/categories?post=87410"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bravenewcoin.com\/wp-json\/wp\/v2\/tags?post=87410"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}