Will Coinbase Stock Price Regain $100 in October?

The Coinbase stock price entered into a correction phase in mid-July when it reverted from the $114.43 peak. This downfall plunged the coin price nearly 37% down before witnessing significant buying pressure around the $72 mark. On September 22nd, the coin seller showed a breakdown attempt from the $72 mark but it immediately failed and resulted in a faked breakdown scenario. The bear trap has led to the formation of a bullish reversal pattern called Double Bottom, indicating a potential bullish upswing in the near future.