Blockstream CEO, Adam Back revealed that based on the current performance of MicroStrategy and Bitcoin, buying seem a good idea.
Blockstream co-founder and CEO Adam Back has reiterated the fact that many experts are beginning to take cognizance of MicroStrategy Inc.’s constantly increasing Bitcoin per share.
Based on this, he advised that investors to buy...
MSTR has corrected extensively since peaking at 450 range last July. Now, LONG POSITIONS has started accumulating at the current price range based on daily metrics.
Significant net buy volume has been registered -- almost overtaking average numbers this past few days. This a definite sign that a new base is currently being cemented for a new ascend movement soon...
If one wants to hedge against the current ETF inspired rally in Bitcoin without selling their Bitcoin a good candidate to 'short' would be MSTR (Microstrategy). The stock is "hard to borrow" meaning it is difficult to short the shares but the options chain is relatively liquid enough to accomplish the bearish thesis.
Technically, both Bitcoin and MSTR are...
Is Coinbase signalling further #Crypto weakness
Head & Shoulders
Currently in a bear diamond BOX , consolidating before further weakness?
We need monitor the equities that are directly exposed to the #crypto markets #Mara #Mstr and galaxy digital to give us clues to what insiders are doing and so called smart money.
"Evening stars" are not as reliable as they used to be. They occur after heavy speculation and a steep angle of ascent. A few days ahead of earnings, NASDAQ:MSTR could not break through the resistance above.
The Gap up was HFT driven. This stock has a lot of retail interest at the moment, with every eye on AI. But the selloff from last quarter's reporting...
MicroStrategy currently has an average brokerage recommendation (ABR) of 1.60, on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell, etc.) made by five brokerage firms. An ABR of 1.60 approximates between Strong Buy and Buy.
While the ABR calls for buying MicroStrategy, it may not be wise to make an...
If you haven`t sold MSTR here:
Then you need to understand the recent crypto landscape:
Binance disputes the SEC's allegations of mishandling customer funds, deceiving investors, and violating securities laws.
The legal battle between Binance and the SEC has sent shockwaves through the cryptocurrency community.
Binance and its affiliates assert that the SEC...
MicroStrategy owns 152,800 BTC bought for $4.53 billion.The company has $2.2 billion of debt issued by MicroStrategy, the parent company, consisting of $500 million of 6.125% senior secured notes due 2028 (the “secured notes”) and two series of convertible notes, one maturing in 2025 and the other in 2027 (together, the “convertible notes”). The secured notes...
MicroStrategy Incorporated provides enterprise analytics software and services in the United States, Canada, Europe, the Middle East, Africa, and internationally. It offers MicroStrategy, an enterprise analytics software platform that enables users to create visualizations, customize apps, and embed analytics directly into workflows; and MicroStrategy Cloud...
MSTR price is currently trading below the monthly resistance 1 at 277.92 level. The price will very likely cross this level on the next attempt. In case it does so, the next target would be the next monthly resistance around 486.
🔹POSITIVE signals inverse head and shoulders formation with resistance breakout at 14.72 and potential next resistance at 24.50.
🔹RSI curve shows rising trend to supporting POSTIIVE trend.
🔹RSI above 70 indicates strong short-term POSITIVE momentum.
🔹Technically POSITIVE for the medium long term.
🔹DT - Double Top | BEARISH | 🔴
🔹DB - Double Bottom |...
The leader of the industry right now is NASDAQ:MDB , but those not have any exposure to the #crypto market.
MicroStrategy provides enterprise-ready analytics, mobility and security software platforms for various industries.
Historically, NASDAQ:MSTR has outperformed AMEX:BITQ , I chose this ETF as a proxy of its peers as is better balanced than...
- MSTR shows strong development within a rising trend channel in the medium long term.
- The stock has broken an inverse head and shoulders formation.
- A decisive break of the neckline at approximately 311 will signal a further rise to 660 or more.
- The stock is between support at 284 and resistance at 354.
- Overall assessed as technically positive for the...
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