For over a year, Microstrategy has been moving in lockstep with Bitcoin. Not surprising since, Michael Saylor has "bet the house" on the cryptocurrency.
Hello traders, accumulation zones to buy . one thing about mstr is it follows btc movement and btc follow S&P 500 movement. trade smartly. Tradehubng
$MSTR Supply/Demand Heavily shorted, something like 40% of float?? people going short $MSTR and long $BTC...along with others going short that think $BTC goes to zero and $MSTR to implode. Congress working on bill to integrate bitcoin/digital assets into financial system Tues.
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...
gap filled. looks like complete shit. should continue dropping.
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...
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.
Microstrategy gap fill in the works here Dragged down by the crypto/stockmarket crash But oversold and cheap at these levels at least until the gap fills
Not the cleanest of setups but the strong divergence in this and BTC makes me interested in fading the move.
Analysis on MSTR and opportunities to trade for profits , follow the chart for detailed breakdown levels and projections. Tradehubng
Breakdown of lower wedge. To me this is an advance indication of Bitcoins trajectory.
One I've been persistently bearish on for a while as part of my net bearishness on crypto, but we're at good levels now. Will take a long 210.
Microstrategy holds 129,218 bitcoins, worth about $3.87B Their current market cap is $2.2B. I don't have anything more to say.
With bitcoin looking to bounce and $MSTR trading below its base value in bitcoin I believe it will have a bounce but likely find resistance in the low to mid 300s at the resistance trend line of the downtrend that is forming. Since $MSTR is leveraged up on bitcoin I would expect to see them drop a lot more then Bitcoin. If bitcoin eventually goes low enough its...
Its game over for Saylor. He will need a miracle to save himself from this mess hes created. Joke of the day, "Bitcoin is a store of value and hedge against inflation". 😂
Most probably with $btc price correction, its a leveraged play on BTC Price action
Margin CALL just started watch for the exits . tonights show on cnbc BITCOIN
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.