Oct. 11 at 1:10 AM
$BLSH Bullish Triangle BLSH Exchange Technical Setup: 2+ month post-IPO descending triangle at APEX. Strong
$60.00-62.00 support tested multiple times. Volume drying up, coiling for breakout. Target:
$92.00-100.00+. Fundamental: NYSE listing with BitLicense unlocks U.S. spot trading. Trump's 2025 stablecoin law boosts legitimacy. MiCA license in Germany for EU access.
$1.5T+ cumulative trading volume. Arbitrage: Valued at 8-10x EV/EBITDA like a crypto startup, should be 18-22x like a compliant fintech. Potential 150-250% revaluation. Catalysts: Industry pivoting to regulation. Institutional inflows from BlackRock & ARK at IPO. First-mover with tier-1 licenses in U.S., HK, Germany. Backed by Peter Thiel's Founders Fund. Targets: Phase 1:
$80.00, Phase 2:
$92-100, Phase 3:
$120+.