I think so, based on pattern over past 3 weeks. The week of 2/26, the week of 3/4, and then last week. It went up about $400, $350, and $350 each week in order, but the weekly returns went from about 58%, to 31%, to around 25% in the most recent week. Mondays have been gap up days, opening up $100 or more from Friday close, and giving us the best returns of any of the days each week.
So a lot might depend on whether btc keeps rallying and can get back up over $70k premarket and if MSTR again has a nice gap up tomorrow. If so, it would seem a 20% gain ($350ish) would be very feasible, right? But if btc price continues to stumble or be rangebound, then we might peak around your # of $2k, who knows huh?
Of course, btc could rally and MSTR could squeeze a bit, so I’m thinking somewhere between $2k and $2,350+ on the upside. Have itm calls so will be wanting to lock in some profits - may also buy some puts around $1,600-$1,700 strikes going out at least 2 weeks - just in case. Glta! $MicroStrategy(MSTR)$
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- KSR·03-21👍1Report