good to see a close at day's high, but we need some volume. not complaining, but it's not often that'll everything lines up for a run and banxa should really push harder for more investors and spreading the word.
k
'Bullish break of a 7 month long descending trendline today.. Fins out by end of month will show just how much high margin SaaS revenue $BNXA is raking in, regardless of crypto prices. IMO, the most fundamentally sound play in the sector' Now the way is free for new highs ++8 CAD. 🔥💥
S
Could Banxa eventually be held by the new Bitcoin ETF once it hits the Nasdaq next year?
Closing uptick was very reminiscent of the spring. Let’s keep it up!
S
RSI for Banxa is over 70% now, so we may see some consolidation or a pullback in the coming days.
In March we went from 50% to 80% in about a week, and the share price tracked from $2.50 to $8; however, the volume of shares traded then was into the millions.
P
Loving what I’ve learned so far, this is a multi billion dollar enterprise
k
premarket ist at 3.76 cad 🔥💥
M
Next wall is at 3,79
E
I think we just have to be patient and take advantage of all dips and buying opportunities. At some point the investment community in Canada and the US will know the name Banxa. In my opinion I see this company as a baby PayPal.
A
Banxa is in the right place at the right time.
J
I was swinging banxa before, but will now stick for the longrun
S
1 month chart is extremely bullish heading into Q4
A little macro discussion from me today. A few days ago I wrote about the Bollinger Band squeeze and upcoming (predicted) volatility.
Bloomberg has an article out called “SEC Set to Allow Bitcoin Futures ETFs as Deadline Looms” it talks about the deadline (next week) for the SEC to release their decision on allowing (or refusing) ETFs in BTC for the US market.
At the same time, Banxa is planning to release their audited, year end results in the next 2 weeks. Finally, we see BTC and ETH climbing to close to their all time highs now.
We know Banxa will have a solid audited return. They have been releasing statements every month about their gains. It’s not a surprise. Banxa has been spending a lot expanding, and this has been an area of concern for shareholders. I believe it’s necessary. I believe they need to get a bigger foothold in the industry as the space is filling quick and movement and growth to ‘stake ground’ is important. I think this will drive up institutional interest.
The SEC will likely approve BTC ETFs. There is no certainty, but from what I’ve read they don’t have a strong reason to decline it.
Lots of FOMO in crypto space now. Assuming the SEC approves the ETFs next week, crypto volatility will increase, and the prices will bounce up and down. I think the overall trend will be up. I’m not sure how this translates to Banxa stock - it’s a mystery some days to me. I believe it will raise stock price (a rising tide lifts all ships, in addition to Banxa’s upcoming (believed to be strong, positive) audited returns.
In March we went from 50% to 80% in about a week, and the share price tracked from $2.50 to $8; however, the volume of shares traded then was into the millions.
Bloomberg has an article out called “SEC Set to Allow Bitcoin Futures ETFs as Deadline Looms” it talks about the deadline (next week) for the SEC to release their decision on allowing (or refusing) ETFs in BTC for the US market.
At the same time, Banxa is planning to release their audited, year end results in the next 2 weeks. Finally, we see BTC and ETH climbing to close to their all time highs now.
We know Banxa will have a solid audited return. They have been releasing statements every month about their gains. It’s not a surprise. Banxa has been spending a lot expanding, and this has been an area of concern for shareholders. I believe it’s necessary. I believe they need to get a bigger foothold in the industry as the space is filling quick and movement and growth to ‘stake ground’ is important. I think this will drive up institutional interest.
The SEC will likely approve BTC ETFs. There is no certainty, but from what I’ve read they don’t have a strong reason to decline it.
Lots of FOMO in crypto space now. Assuming the SEC approves the ETFs next week, crypto volatility will increase, and the prices will bounce up and down. I think the overall trend will be up. I’m not sure how this translates to Banxa stock - it’s a mystery some days to me. I believe it will raise stock price (a rising tide lifts all ships, in addition to Banxa’s upcoming (believed to be strong, positive) audited returns.