Why were Bitcoin and COIN Shares Stuck in Neutral?

The article argues Bitcoin has moved out of a multi-week consolidation and is showing bullish technicals, suggesting a breakout that could drive further gains for the crypto market and related equities. Bitcoin made higher lows and highs, clearing the $76k level and hitting over $79k in late April, while Coinbase (COIN) also broke above its consolidation and topped $216. The author cites supportive macro drivers — U.S. administration pro-crypto stance and lower crude oil amid easing Middle East tensions — but notes geopolitical risk and past severe drawdowns as downside risks. The piece reiterates a buy recommendation for COIN as a proxy to capture upside from a potential crypto rally.