Athena Bitcoin Global (ABIT)

[StockLogistics]

The continuation of the theory each week for ABIT is that each close over 1.00 is a case for the future of the stock on Nasdaq, the goal which would seem to me to be an obvious next step especially if this is key financial infrastructure then that likely establishes 1.00 as an absolute bottom/base price in the near term. Due to the low supply of shares natural accumulation appears to be occurring now in an investor community that is research savvy and traditionally holds longer than most, thus allowing for a likely forward split of the stock back to let’s assume the 10 dollar range increasing shares by 10x at that time, but still the total number of shares in that scenario would only be 8 million + while still way over the Nasdaq compliance price.

1)any weekend a country could decide to incorporate Bitcoin as payment,

2) the use of stable coins (Amp) in China is something that if successful could at least put a near term bottom in crypto assets,

3) wider implementation of stable coins into western financial trading and banking systems (Curve Dao),

4) ethereum 2.0 in December/January as miners switch to ETC,

5) and incorporations of stable coins into even more web browsers (Celo - Opera),

Lots of possible positives going forward for crypto to pick up speed starting soon and if all things appear to be coinciding in a specific future timeframe then that says to me personally that market forces are moving forward with near term integration of crypto into parts of the existing system, accelerating from there as the internet did initially, even as some politicians and bankers somewhat downtalk crypto publicly for political and regulatory reasons, all the above imo.