No resistance until 1500 !!

Hey, look at that! $MicroStrategy(MSTR)$ has hit $1300.

I remember when they were just a small player in the market, and now they're making waves. This is definitely a company to watch. I can't wait to see where they go from here.

I dont see mstr meaningfully dropping anytime soon, based on the red hot demand for $iShares Bitcoin Trust(IBIT)$ $Fidelity Wise Origin Bitcoin Fund(FBTC)$ $Grayscale Bitcoin Trust(GBTC)$ and 8 other btc etf's.

thousands of shares are purchased each day for these etf's who in turn must purchase btc.

as btc rises - mstr rises

Its the most beautiful of vicious cycles

Don't sell..

Gold rush target remains 2200 !!

Short covering pushing to 2500 !!

No resistance until 1500 !!

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.

Report

Comment1

  • Top
  • Latest
  • fuzzyoo
    ·03-05
    No resistance until 1500? More like no logic until 1500!
    Reply
    Report