So, I normally wouldn't share this idea, but also it is exactly something I would share with you.
There must be someone else out there equally as dumb as me.
Makes us overconfident.
How overconfident?
Well, chart shows what I'm seeing and just enough to try it.
Crazy right.
BUT ALSO, not unheard of for BTC starting a some bullish movement (big), and not unheard...
I took the liberty of charting this one since it's related to Bitcoin & listed on the Nasdaq Exchange.
Not much to point out aside from the potential major corrective(proregressive) pattern it appears to be in. Looks like it's time to be vigilant, in my humble opinion.......
All The Best!
MicroStrategy Inc. (NASDAQ: NASDAQ:MSTR ) has become a focal point of attention in the financial markets as short sellers grapple with staggering losses amounting to $1.92 billion since March. The company's foray into cryptocurrency and its recent surge in value have triggered a wave of short covering, marking the highest short losses since March.
Amidst the...
When you zoom out, it's hard to ignore the bull flag pattern that's forming on the weekly.
$1400 seems to be acting as the current support. I feel like a convincing close beneath this level will invalidate the flag, but if we get a bounce here, we might be on a new leg up.
Price target? Not sure. $2K makes sense as the most obvious psychological resistance...
In a rapidly evolving financial landscape, MicroStrategy NASDAQ:MSTR , a business intelligence firm, embarked on a strategy that turned heads and sparked debates among investors. Mid-last year, amidst a whirlwind of fear, uncertainty, and doubt (FUD) surrounding Bitcoin's potential ETF approval and its implications, we took a position in MicroStrategy. Contrary...
Complimenting the BTC waterfall setup we also have MSTR at the local resis level.
If this is a bull trap, there's a good chance it's ending here.
Buying deep OTM puts. I hate the gap up risk. So I'll buy the cheapest puts I can. If I am right, they should all print and if I am wrong would prefer it to be cheap.
See BTC post:
MicroStrategy Inc (NASDAQ: NASDAQ:MSTR ) recently experienced a significant downturn in its stock price, plummeting by 6% following news of insider sell-offs. Michael Saylor, the Executive Chairman and 10% Owner of MicroStrategy, sold 1,140 shares at an average price of $1,951.33 per share, totaling over $2.2 million. This sale is part of a broader trend, with...
Achieving a scenario where MSTR trades at parity with its Bitcoin reserves would necessitate a remarkable surge in BTC price to $157,000, marking a staggering 130% increase from current levels!
At today's BTC price, MSTR's ideal settlement range would hover around $775-$800, representing its fair value!
Adding a slight premium, my adjusted price target for MSTR...
MicroStrategy ( NASDAQ:MSTR ) finds itself in the crosshairs of investment firm Kerrisdale Capital, as the latter takes a bearish stance on the software company's stock. Kerrisdale's decision to short-sell NASDAQ:MSTR stems from concerns over the inflated valuation driven by its heavy investment in Bitcoin. As MicroStrategy's shares plummet by 11% in response,...
A lot of people are critizing MSTR & Michael Saylor for his Bitcoin activity and it needs to be cleared up on how serious this is for MSTR.
If Bitcoin continues on its trajectory, MSTR will be in the top 10 companies by market cap in the SP500.
1. Spot ETF's cannot be added to SP500 Index funds.
2. Spot ETF's cannot be levered on the base price.
3. MSTR...
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...
![MSTR: [MicroStrategy] bearish](https://s3.tradingview.com/z/ZvlR2t0v_mid.png "[MicroStrategy] bearish")
