๐ **BTM: From Depot Dip to Rocket Reload? Loading... 100% Bullish Vibes!** ๐ฅ๐ช
Hey, TradingView squad! Ever feel like your portfolio's a Bitcoin ATM โ spitting out cash one minute, then hitting you with a "ID required" compliance check the next? ๐ That's Bitcoin Depot Inc. (
BTM) in a nutshell on this 1D Heikin Ashi chart. Peep that sneaky green reversal after the red carnage โ we're talking a bottoming wedge screaming "breakout imminent!" while the EMAs ribbon is fanning out like it's prepping for a crypto conga line. Current spot? Hovering at ~$3.49 after a cheeky -4.5% slap, but hold up โ that's just the "loading options" screen before the real game loads.
Zoom in on the drama: Q3 prelims dropped like hot Bitcoin pizza โ revenue up, transactions popping, and they just scooped up National Bitcoin ATM assets to flex their U.S. empire. But oof, that $15M stock offering? Dilution party crasher, tanking shares 15%+ last week. Classic "buy the fear" setup, fam โ compliance upgrades for ID checks might spook noobs, but it's fortifying the moat for the big boys.
Why I'm eyeing this depot for a refill?
- **Wedge Wake-Up Call**: That purple "loading options" flag? It's teasing a squeeze to $4.50 resistance โ smash it, and we're mooning to $5.50 by earnings EOD.
- **Acquisition Afterburner**: New ATMs = more fiat-to-crypto ramps. With BTC at ATHs, BTM's the on-ramp kingpin.
- **EMA Party**: Madrid ribbon's curling bullish โ if we hold $3.20 support, it's green candles all the way to Q4 gains.
Quick poll, degens: Bullish breakout to $5 EOY, or bearish reload to $2.50? Drop your vote in comments โ Yes for moon, No for nap! ๐โ Who's loading calls on this dip? Or shorting the drama? Spill your TA โ LFG or GTFO, but let's make this thread interactive AF! ๐ฅ๐
#BTM #BitcoinDepot #StockToWatch #OptionsLoading #TradingViewIdeas #CryptoStocks
Hey, TradingView squad! Ever feel like your portfolio's a Bitcoin ATM โ spitting out cash one minute, then hitting you with a "ID required" compliance check the next? ๐ That's Bitcoin Depot Inc. (
Zoom in on the drama: Q3 prelims dropped like hot Bitcoin pizza โ revenue up, transactions popping, and they just scooped up National Bitcoin ATM assets to flex their U.S. empire. But oof, that $15M stock offering? Dilution party crasher, tanking shares 15%+ last week. Classic "buy the fear" setup, fam โ compliance upgrades for ID checks might spook noobs, but it's fortifying the moat for the big boys.
Why I'm eyeing this depot for a refill?
- **Wedge Wake-Up Call**: That purple "loading options" flag? It's teasing a squeeze to $4.50 resistance โ smash it, and we're mooning to $5.50 by earnings EOD.
- **Acquisition Afterburner**: New ATMs = more fiat-to-crypto ramps. With BTC at ATHs, BTM's the on-ramp kingpin.
- **EMA Party**: Madrid ribbon's curling bullish โ if we hold $3.20 support, it's green candles all the way to Q4 gains.
Quick poll, degens: Bullish breakout to $5 EOY, or bearish reload to $2.50? Drop your vote in comments โ Yes for moon, No for nap! ๐โ Who's loading calls on this dip? Or shorting the drama? Spill your TA โ LFG or GTFO, but let's make this thread interactive AF! ๐ฅ๐
#BTM #BitcoinDepot #StockToWatch #OptionsLoading #TradingViewIdeas #CryptoStocks
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.