I'm all in Micro when BTC goes to the 19-21k range, but I believe liquidity has kept BTC afloat over 23.5k and that will soon break. The price target of 280-290 we're currently running around 350 so would be a 60-dollar drop = $6000 in intrinsic value per option.
WE WILL FALL, this is a fakeout, grabbing Microstrategy October 350 put for $7000, if BTC rejects this morning jump MicroStrategy will test lows also holding goog calls and black rock calls long with a small spy put position
Yeah not much to tell here. Basically it was discounted Bitcoin, and probably is still. Their software business is very tiny compared to the bitcoin hodlings, but its nevertheless solid. NFA
I still think we will se a last trip down in the $BTC price before heading for $30,000 per coin. No doubt that $MSTR is extremely sensitive to that PA. Which is also why this stock will become extremely valuable once $BTC travels to new ATHs. Not only does the company own a ton of coins, but they also have the #1 advocate and spokesperson for Bitcoin as their CEO....
MicroStrategy Incorporated ( NASDAQ:MSTR ) Sector: Technology Services (Internet Software/Services) Market Capitalization: $2.321B Current Price: $205.44 Breakout price: $222.50 Buy Zone (Top/Bottom Range): $195.30-$135.90 Price Target: $404.50-$418.10 Estimated Duration to Target: 99-103d Contract of Interest: $MSTR 10/21/22 220c Trade price as of publish...
Bitcoin Intraday - We look to Buy at 20022 (stop at 19388) We have a 78.6% Fibonacci pullback level of 17800 from 3850 to 69000. 20080 has been pivotal. 19744 has been pivotal. Trading close to the psychological 20000 level. Bespoke support is located at 20000. We look to buy dips. Our profit targets will be 21688 and 22088 Resistance: 21700 / 23000 /...
Bitcoin Intraday - We look to Sell a break of 19788 (stop at 20501) With signals for sentiment at oversold extremes, the dip could not be extended. We have a 78.6% Fibonacci pullback level of 17800 from 3850 to 69000. Trading close to the psychological 20000 level. 20080 has been pivotal. A break of the recent low at 19900 should result in a further move...
gap filled. looks like complete shit. should continue dropping.
Give me one good reason as to why $MSTR should not visit the lows of this fibonacci retracement . Right now you can't. Will it see ATH again? "Absolutely". But it will continue to bleed along $SPX and other stocks. Good to hear Michael Taylor assure everyone that they will be fine no matter have bad $BTC will dump.
Bitcoin Intraday - We look to Sell a break of 28488 (stop at 29009) 28561 has been pivotal. A break of bespoke support at 28500, and the move lower is already underway. Daily signals are bearish. There is no clear indication that the downward move is coming to an end. Our profit targets will be 27207 and 26807 Resistance: 30000 / 31000 / 32000 Support:...
Bitcoin Intraday - We look to Sell a break of 28785 (stop at 29436) Primary trend remains bearish. A break of bespoke support at 28800, will open an aggressive bearish move. Daily signals are bearish. There is no clear indication that the downward move is coming to an end. Our profit targets will be 27207 and 26807 Resistance: 30000 / 31000 /...
Bitcoin Intraday - We look to Sell a break of 28548 (stop at 29111) Daily signals are bearish. A break of the recent low at 28615 should result in a further move lower. 28561 has been pivotal. There is no clear indication that the downward move is coming to an end. Our profit targets will be 27151 and 26651 Resistance: 30000 / 31000 / 31400 Support:...
Not financial advice. The essence of investing & trading is the intelligent and patient preying on the greed, fear, impatience, addiction and ignorance of the majority. It's definitionally Darwinian.
This is a short post. Over the last few months, I've written and spoken about why Michael Saylor's entrance into Bitcoin has contributed to my skepticism about the valuation of the market, since the MSTR chart eerily echoes the bubbly behavior from the dotcom boom. As leverage and profit come out of the market, I think MSTR will be severely impacted. Saylor...
almost identical graph is it worth buying a Stock identical to a real asset? or is it better to own the asset? :)
This is the ultimate score of my previous three weeks; I'm not sure what will happen next weekend; I have a lot of work to do today... yet as I sit here and watch all of this, I feel stunder. I'm at a loss for what to say... is just untrustworthy.
All simpcoins have followed suit. Death crosses abundant. Death crosses are not dips to buy. Protect your cash or lose it all. Historic volatility ensues. $VIX surge. Buy $UVXY
Hello traders, Microsoft in daily timeframe , this analysis has been prepared in daily timeframe but has been published for a better view in 2 day timeframe. The overall identity of this counted wave is unclear and we need more waves to detect it Now, according to the count, the main waves 1 and 2 have been formed and now we are inside wave 3 This wave 3 has...