Reset and ready to goMany analysts have rising costs and a promising outlook for this one. 1700+ The correction was needed, and the reversal looks more appealing now than I have done in a while. I am bullish and favor it to go higher.
MSTR trade ideas
MSTR To The MOON??Outlook - 1535 is key to more upside. That breaks and it's off to the races.
Upside Targets:
* 1545.59--1575--1648.27
Downside Targets:
*1456.32--13.91.11--1325.55
Quantum Edge Analytics = T/A supports bullish thesis.
MicrostrategyMSTR is about to print a green lightsaber. All of this price action to date is sideways consolidation. Just wait until you see vertical movement. Technical analysis dictates that the height of the green lightsaber is equivalent to the length of the consolidation.
MSTR - 2nd Opportunity Previously, I posted on the hourly how MSTR has formed a lovely H&S and that has followed
through.
Now, I believe we are entering another opportunity to get in with the formation of the cup. Handle needs to form for today.
I am expecting handle formation and breakout on decent volume.
It might also take the form of a flag.
Underlying asset Bitcoin chart looks insanely bullish.
I would rather own MSTR at this point as I believe its more bang for your buck!
MSTR out Performing BTC, Divergence when BTC ETFs LaunchedI'm Bullish on BTC in general, hold it and other cryptos.
However the divergence in price action on MSTR vs BTC had a massive shift when the BTC ETFs hit the markets.
Makes me wonder if MSTR could be considered a Leveraged BTC long . like a 2x or 3x ETF
Bullish inverse H&S on MSTR chartLooks like the early beginnings of an inverse H&S on the MSTR chart.
Neckline around $1340. Will be watching for the breakout to confirm this pattern.
Early targets:
- $1480
- $1670
RSI trending up. Looks even better on the daily chart.
With BTC prices gaining strength and excitement building from Roaring Kitty's return on X, I'm hopeful for this to play out.
MSTR - THE NIGHT IS STILL YOUNG!average short from ath is underwater. av long is in the money. party just getting started.
MicroStrategy Makes it to The MSCI World Stock IndexMicroStrategy ( NASDAQ:MSTR ), recognized as the world's largest corporate holder of Bitcoin, has recently been included in the MSCI World Stock Index, which has significantly enhanced the liquidity of its stocks. The company's stock price has consistently outperformed Bitcoin's price over the past year and into early 2024. Notably, on May 14, the NASDAQ:MSTR stock price surged by 4.15%, hovering just below the $1,300 mark. This development underscores the increasing convergence of cryptocurrency exposure within traditional investment portfolios, as billions of dollars are either monitored against or used as benchmarks against MSCI's global index.
Michael Saylor, the co-founder of MicroStrategy, is renowned for his strong support of Bitcoin. As of April 26, MicroStrategy ( NASDAQ:MSTR ) possessed a significant holding of 214,400 Bitcoins. Over the last year, MicroStrategy's stock price has quadrupled, surpassing the increase in Bitcoin's price by an impressive 130%. However, the launch of spot Bitcoin ETFs in the U.S. this year has posed a challenge to MicroStrategy's market dominance.
In March, Kerrisdale Capital Management LLC publicized its decision to short the stock, attributing it to the rapid growth of MicroStrategy outpacing the surge in the digital asset's price. Presently, MicroStrategy has received four analyst buy ratings, with an average 12-month price target of $1,678.75, which is almost 30% higher than the current stock level, as per data compiled by Bloomberg.
Index provider MSCI has included U.S. bitcoin investor MicroStrategy ( NASDAQ:MSTR ) in its list of 42 additions to its widely tracked world index, while more firms from India have joined its emerging markets index following a quarterly review. These additions are closely monitored as billions of dollars invested in exchange-traded funds track MSCI indexes, and they are utilized as performance benchmarks for fund managers.
The three largest additions to the MSCI emerging markets index will be U.S. companies: software firm and bitcoin investor MicroStrategy, data storage company Pure Storage (NYSE:PSTG), and mechanical and electrical construction firm Emcor. These changes, effective at market close on May 31, typically drive a notable increase in turnover.
MSTR - Daily H&S FormationLooking at MSTR today.
Nice H&S formation on the hourly but we do need a weak CPI number to get into the trade.
Risk on environment would be nice for a run up to 1500-1600.
Depending on the price, will set by Stop Loss accordingly.
Building a long positionSo, in the last days I'm building a new long position in MSTR. Technically I should wait until the 38.2 fib retracement is broken to the top. But I'm partly entering already around current prices and got a limit order waiting at the next gap around 1,150. Let's see how this works out. ;)
CMSTR in BTC price and BTC pricethis chart shows CMSTR token on liquid sidechain and on sideswap.io market (CMSTR = 100*MSTR ie 100 shares of Microstrategy in a luxembourg secutirization fund as a token). and bitcoin price
MSTR MicroStrategy Incorporated Options Ahead of EarningsIf you haven`t sold MSTR on this potential fair value retracement:
Then analyzing the options chain and the chart patterns of MSTR MicroStrategy Incorporated prior to the earnings report this week,
I would consider purchasing the 1250usd strike price Puts with
an expiration date of 2024-5-17,
for a premium of approximately $120.25.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
MSTR is a good buy now with $18B market capEven though MSTR holds $12B Bitcoin, they have demonstrated that when bitcoin is doing well, the market cap is almost 2x Bitcoin holdings.
This could be a great way to leverage yourself safely and pick up the dip at about 3x gains (if Bitcoin moves up of course).
For every 5%, MSTR will move 10-15%.
Good Luck!
Long the 800 puts for JuneMSTR hit the previous target of 1000.
Now shorting again into the bounce looking for sub 800.
We have a head and shoulders, my default targeting method for this pattern is to target a 1.61 of the head. This has not yet hit, making it seem worth shorting the rip.
This is also complimented by a break in BTC.
Long MSTR 1200 - 1000 putsBuying a MSTR puts with 1 - 2 months on them with strikes scatted from 1200 - 1000.
We've recently hit the 4.23 - which is a very common move for the end of an extreme extension.
Coupled with the various possible rug setups in crypto I fancy the odds of a big reaction here.
TO THE MOON, Heading for $3000+++!!!!!!!MicroStrategy Now Holds $13.6B Worth of Bitcoin, 1% of Total Circulating Supply. MicroStrategy (MSTR) raised over $1.5 billion in the first quarter and used the proceeds to acquire an additional 25,250 bitcoin (BTC) and now owns 214,400 BTC worth around $13.6 billion.
We are heading for $3000, now possible!!! It will be heading up soon in the next coming days or weeks. On top it has a $18 BIllion market CAP!
Goodluck to everyone.
*Not financial advice*
MSTR Announces Q1 2024 Financial Results; Holds 214,400 BTC**Title: MicroStrategy's Bitcoin Investment Strategy: Navigating Volatility and Seizing Opportunities**
MicroStrategy ( NASDAQ:MSTR ), the pioneering software company led by CEO Michael Saylor, continues to make headlines with its bold Bitcoin investment strategy. Amidst a backdrop of financial results and market dynamics, MicroStrategy's relentless pursuit of Bitcoin accumulation underscores its commitment to digital asset adoption. With recent updates on its Bitcoin holdings, financial performance, and market analysis, MicroStrategy's journey offers valuable insights into navigating volatility and seizing opportunities in the cryptocurrency space.
MicroStrategy's Bitcoin Acquisition Strategy:
MicroStrategy's latest financial report reveals a strategic focus on Bitcoin accumulation, with the company acquiring an additional 25,250 CRYPTOCAP:BTC in the first quarter of 2024. This brings MicroStrategy's total Bitcoin holdings to a staggering 214,400 CRYPTOCAP:BTC , worth approximately $13.6 billion. By leveraging proceeds from capital raises, MicroStrategy reaffirms its position as a leading corporate holder of Bitcoin, representing nearly 1% of the digital asset's total circulating supply.
Financial Performance and Market Dynamics:
Despite its robust Bitcoin holdings, MicroStrategy reported a net operating loss of $53.1 million for the first quarter of 2024. This loss, attributed to digital asset impairment charges, underscores the inherent volatility of cryptocurrency investments. However, MicroStrategy's double-digit subscription services revenue growth demonstrates the resilience of its core business, fueled by a strategic shift to cloud-based services.
Analyst Insights and Price Target Adjustments:
Analysts at Canaccord Genuity offer valuable perspectives on MicroStrategy's performance and future prospects. While maintaining a buy rating, Canaccord revised MicroStrategy's price target to $1,590 from $1,810, reflecting both the appreciation of Bitcoin and the revaluation of the software business. Despite the stock's 2.5% decline in after-hours trading, analysts remain optimistic about MicroStrategy's long-term potential.
Scarcity Value and Market Outlook:
MicroStrategy's significant Bitcoin holdings contribute to its scarcity value, offering equity investors a unique avenue for exposure to the digital asset. As the cryptocurrency landscape evolves, MicroStrategy's proactive approach positions it as a frontrunner in harnessing the potential of blockchain technology. With positive market indicators, including recent approvals of U.S. Bitcoin spot exchange-traded funds (ETFs), the stage is set for continued growth and innovation in the digital asset space.
Eyes on MSTR becoming the largest US company. New Carry Trade?
MSTR meets FASB to be included in SP 500 allocation.
DTC collateral rule does not apply to MSTR making it one of the one options to buy Bitcoin.
19.32% shorted.
EPS should come out extremely elevated.
24 year MEGA trend on MSTR showing a completely new movement away from its prior values.
Japan carry trade is now in chaos meaning rebound US bond selling will occur, YCC + QE in the USA capital needs new markets, Bitcoin and MSTR is that market.
Hong Kong to launch ETF's tomorrow allowing the the other largest capital in the world to flow into Bitcoin.
Michael Saylor is a genius using non ETF collateral, forcing MSTR share buying allowing excess capital debt to use senior convertible debt to allocate to Bitcoin.
Bitcoin rises > MSTR rises + valuation > more debt corporate debt to buy Bitcoin > Bitcoin rises.
Now include MSTR into the SP500 where the higher its market cap rank is the more capital allocation is involved.
Now add the premium MSTR will be trading at from institutions looking to get BTC exposure.
The outcome is simple if Bitcoin continues to grow through this year like it has prior, MSTR will become the largest US company by market cap.
MSTR is a reserve repo for Bitcoin & a reserve bank for Bitcoin.
I'm long MSTR willing to call it early that Michael Saylor may have designed the best trade on Bitcoin in history.
MSTR - A potential setup for a swing tradeRemain vigilant for daily reversal candles occurring near the support area. In the event of a daily closing breach of the support levels (red lines), there is a possibility of further downward movement, emphasizing the importance of implementing risk management strategies.
Study MSTR Study NVDA - Call Option The Panic - MSTR VS NVDA
Is Bitcoin going to do what some outlandish people think?
Remember the ones who were anti semiconductors and Ai LLM?
Skeptics with MSTR are going to go through the same treatment the NVDA shorts had to.
MSTR has performed a successful break of the companies entire history showing Michael Saylor has caught onto a new trend.
MSTR Volume supports the run, there's still large short interest on MSTR from the 100-200 range still stuck.
Puts continue to pile onto MSTR as apparently the Spot ETF volumes have "peaked" at 54b AUM.
The MACD is showing a launch coiled up beyond what NVDA was.
MSTR Notional Value 1.72B
NVDA Notional Value 66.48B
Both Bitcoin & MSTR are making a retest of the long term price trend, if this fails to break back under we will see a reversion of the both.
Microstrategy's lackluster rebound today does not bode wellOn a day when Bitcoin recovered well, Bitcoin ETFs rebounded equally and Cleanspark rebounded significantly more, Microstrategy had a very muted response. Unfortunately this may be an indication that we have seen the parabolic MSTR run this cycle, and from this point forward, seems reasonable to pivot into another asset such as Cleanspark, Coinbase, or a Bitcoin ETF that promises to yield a better payoff.
DYOR - Not financial advise.
MicroStrategyStay clear when you observe these three clues!
Peak volume + unwind = Check
Peak momentum + unwind = Check
Peak price + unwind = Check
#mstr #microstrategy #btc #bitcoin
