The strong optimism following Trump’s election in November fueled a Bitcoin rally, which in turn led to a massive surge in MicroStrategy’s ( 
MSTR ) stock.
However, after reaching an all-time high near $550, MSTR experienced a sharp decline. Interestingly, despite Bitcoin hovering around $100K and even attempting a new ATH recently, this momentum hasn’t been reflected in MSTR’s stock price.
From a technical perspective, the price has broken below its ascending trendline and is now consolidating between $320 and $360.
Given the unjustified premium (at least in my opinion), I expect further downside for the stock.
Additionally, if Bitcoin fails to hold the key $90K confluence support, MSTR could see a sharp plunge below $200.
MSTR ) stock.However, after reaching an all-time high near $550, MSTR experienced a sharp decline. Interestingly, despite Bitcoin hovering around $100K and even attempting a new ATH recently, this momentum hasn’t been reflected in MSTR’s stock price.
From a technical perspective, the price has broken below its ascending trendline and is now consolidating between $320 and $360.
Given the unjustified premium (at least in my opinion), I expect further downside for the stock.
Additionally, if Bitcoin fails to hold the key $90K confluence support, MSTR could see a sharp plunge below $200.
📈 Forex & XAU/USD Channel:
t.me/intradaytradingsignals
💎 Crypto Channel:
t.me/FanCryptocurrency
相关出版物
免责声明
这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。
📈 Forex & XAU/USD Channel:
t.me/intradaytradingsignals
💎 Crypto Channel:
t.me/FanCryptocurrency
相关出版物
免责声明
这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。