Source edited by flipflopcrypto
The boogieman is out from the shadows hunting, going after the public listed Coinbase right after it gave a shoutout to the SEC prior to the launch of their lending platform, (read more about it here) So, it state here clearly that the SEC wants to Sue Coinbase instead of saying that we're going to catch you because you broke the law.
[Source Metalica Youtube](https://www.youtube.com/watch?v=CD-E-LDc384)
So, this gives us the opportunity to analyse what kind of crimes Coinbase has actually committed. As for this moment, Coinbase is only guilty of making the common folk ritcher than the capitalistic world allows them to be. If Coinbase is able to uplift 60% of Ammericans above the poverty line, the American governing structure will soon see its demise and Coinbase would actually be.....well.....doing what china did. Mass poverty lifting programme. There are so many reason as to why that i can mention, however, because I would like to respect the Americans people/citizens, and will allow them to discover it through their own initiatives. However, I can say this, just from the statement below, the laws that was supposed to be in place to protect the people, is also there to make sure that they continuously suffer, so that a few of them could live in luxury.
![image.png](
Bitcoin is bouncing off its 61.8% fibo extension from 29647.91, 42632.89, & 37718.68. it actually hit all the points stated on this analysis how low can it go. 45,695, 44,764, 43,862.
Please feel free to drop me a line and let me know what chart you'd like me to look into.