BnxaI completely agree.
It was pretty obvious that the Cryptos were overvalued and due for a correction .
One of my favorite you tubers who is an excellent technical analyst and who primarily follows XRP is cautiously bullish and predicting it will go to 10$ once the sec lawsuit is settled or thrown out of court.
It was also completely obvious to any experienced investor when the pumpers were wildly bullish and bnxa was 8$ and the insiders and sophisticated investors were getting in at 4$ that bnxa was overvalued .For the sophisticated investors it was a simple arbitrage play to buy in at 4 $ and sell to the retail investors at 8$ ably assisted by the pumpers on this board .Sentiment on Stockhouse and generally was wildly bullish .
Now we find the stock trading at close to the price that the last private placement people got in ,technically bnxa is bottoming as are the Cryptos and sentiment is bad/terrible/extreme fear .,volume is down .
One might think using basic investment principles of buying when everyone is selling,that this would be a good entry point for a 6-12 month hold if one is long term bullish about bnxa business model.