COIN's IPO coincided with the actual peak of Bitcoin in April 2021;
Since then, a bear market began for both assets;
COIN corrected more than 90% in 5 waves;
BTC underwent an IRREGULAR EXPANDED FLAT correction.
Example:
You can observe the context of Netflix's IPO in the early 2000s and compare it with COIN's current situation.
Thank you!
COIN is directly related to BTC movements by MrGekkoWallSt on TradingView.com