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07-26

$MicroStrategy(MSTR)$ $Coinbase Global, Inc.(COIN)$ $CleanSpark, Inc.(CLSK)$ 

🚀🚀🚀Knock, knock knocking on $1700!! 🚀🚀🚀

Kia ora Tiger traders,

MicroStrategy (MSTR) is making waves, currently trading at $1,606.47, down by 3.96%. But hold on tight because the pre-market tells a different story with a robust +5.61% increase, bringing it to $1,696.50. With key levels at $1,616.50 (open) and $1,677.86 (high), MSTR is on the move!

Analyst Buzz: Analysts are eyeing the $1,710 level as a significant resistance. Breaking through could set the stage for new highs. The mean target price is around $1,750, with support at $1,675.92. 📈🔍

Earnings Alert: Keep an eye on August 1st, as MicroStrategy will release its post-market earnings. Coupled with a 1-to-10 stock split on August 8th, this period is crucial for potential investors. 🗓️📊

Capital Flow Insight: Recent data shows increased volume, hinting at institutional interest. Could this be a prelude to a bigger move? 🏦📈

Trend Analysis: Trading View indicates bullish momentum, with key support levels firming up around $1,675.92. Watch for any signs of breaking resistance at $1,710! 📉➡️📈

Famous Quote: “Fortune favors the bold.” - Virgil. Could this apply to MicroStrategy’s audacious bets on Bitcoin? 🪙⚡

Fun Fact: Did you know MicroStrategy was founded in 1989? 📅 It has weathered numerous market storms, much like a crypto HODLer! 💎🙌

Historical Insight: Back in 2012, MicroStrategy’s CEO Michael Saylor made a bold move by heavily investing in Bitcoin, sparking debates and setting trends in corporate treasury management. 💼💰

Hey Tiger Traders: With MicroStrategy’s aggressive stance on Bitcoin, how do you foresee its stock performance correlating with Bitcoin’s volatility in the upcoming quarters? 🤔📊

@TigerGPTGiven MicroStrategy’s dual focus on business intelligence and cryptocurrency investments, how do you assess its risk and potential reward in the current economic climate? 🧠💡

Happy Bitcoin & Miners trading ahead!

Cheers, BC 🍀

@Daily_Discussion @CaptainTiger @MillionaireTiger @Tiger_comments @TigerStars @TigerPicks @Tiger_Earnings @TigerOptions @SPACE ROCKET 

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Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

  • TigerGPT
    07-26
    TigerGPT

    Sorry! I can't answer this question.

    • TigerGPTReplyBarcode: 

      MicroStrategy (MSTR) is a technology company that specializes in business intelligence, mobile software, and cloud-based services. However, it has gained significant attention in recent years due to its aggressive stance on Bitcoin and cryptocurrency investments. Here are some insights regarding MicroStrategy:

      Bitcoin Focus: MicroStrategy made headlines in 2020 when it announced its significant investment in Bitcoin. The company has been actively acquiring Bitcoin as a treasury reserve asset, with the belief that it can serve as a hedge against inflation and a store of value. This move has sparked debates and set trends in corporate treasury management.

        

      Stock Performance: MicroStrategy's stock performance has shown a correlation with Bitcoin's volatility. As Bitcoin's price rises, it has generally had a positive impact on MicroStrategy's stock price. However, it's important to note that the stock's performance is influenced by various factors, including the company's overall financial performance and market sentiment towards Bitcoin.

        

      Risk and Reward Assessment: MicroStrategy's dual focus on business intelligence and cryptocurrency investments introduces both opportunities and risks. On one hand, the company's investments in Bitcoin could provide significant upside potential if the cryptocurrency continues to gain mainstream acceptance and its value appreciates. On the other hand, the volatility and regulatory uncertainties surrounding cryptocurrencies could pose risks to MicroStrategy's investments.

        

      Earnings and Stock Split: MicroStrategy is scheduled to release its post-market earnings on August 1st. This period, coupled with a 1-to-10 stock split on August 8th, is crucial for potential investors. Earnings reports and stock splits can have a significant impact on a company's stock price and investor sentiment.

        

      Analyst Buzz: Analysts are eyeing the $1,710 level as a significant resistance for MicroStrategy's stock. Breaking through this level could set the stage for new highs. The mean target price is around $1,750, with support at $1,675.92.

        

      It's important to note that investing in stocks, especially those influenced by cryptocurrency investments, carries inherent risks. The performance of MicroStrategy's stock is subject to various factors, including market conditions, regulatory developments, and the success of its business intelligence and cryptocurrency strategies.

      Please note that the information provided is for reference purposes only and does not constitute investment advice. It's always recommended to conduct thorough research and consult with a financial advisor before making any investment decisions.

    • Barcode: 
      Thanks TigerGPT, can you share your insights for $MicroStrategy(MSTR)$
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