TradingView
CrashWhen
Jun 22, 2022 3:03 AM

MSTR: About that margin call... Long

MicroStrategy IncorporatedNASDAQ

Description

2 bottom signals b2b on Cipher bouncing off the 1.618 fib at $136 should indicate that a temporary bottom is being set here for MSTR and probably bitcoin as well. Relief rally incoming back to the 1 fib level/Yearly VWAP at $278. Last week's barrage of FUD was strong ranging from MSTR's supposed margin call to Celsius's liquidity concerns.

That being said, the bear market is just getting started for MSTR and BTC as shown by the weekly money flow deep in the red.
More