ππ£ MicroStrategy Mania: $331 in One Day & Saylor's Bitcoin Bombshell! π£π
Kia ora Tiger traders,
What a stellar day for MSTR call options! π―π° Adding up all these juicy profits, I've bagged a total of $331.03 in just one day! π€β¨
βΌοΈBut wait, there's more! Michael Saylor, the mastermind CEO of MicroStrategy, is speaking at the Bitcoin conference today at 3:00 PM EST. β°π Could this be the catalyst we've been waiting for? ππ Iβm π $1800 Call 20240726 to see what happens after Saylorβs speech!
Saylor's insights on Bitcoin could send ripples through the market, and I'm on the edge of my seat! ππ Let's get ready for another round of trading magic! π©β¨
What Analysts Are Saying:
- MicroStrategy has a consensus "Buy" rating from 6 Wall Street analysts with an average price target of $2,017.67, suggesting a 14.51% upside from the current price [oai_citation:1,MicroStrategy (MSTR) Stock Forecast and Price Target 2024](https://www.marketbeat.com/stocks/NASDAQ/MSTR/forecast/) [oai_citation:2,MicroStrategy Incorporated (MSTR) Stock Forecast & Price Targets - Stock Analysis](https://stockanalysis.com/stocks/mstr/forecast/).
- Analysts from MarketBeat and Stock Analysis rate MSTR as a "Strong Buy," with a high price target reaching up to $2,890 [oai_citation:3,MSTR Stock Price Target | MicroStrategy Analyst Ratings](https://www.pricetargets.com/NASDAQ/MSTR/).
Market Buzz on Saylor's Speech:
- Saylorβs speech at the Bitcoin conference is expected to provide significant insights, potentially boosting MSTR's stock. The speech is particularly anticipated due to the recent positive sentiment in the crypto market [oai_citation:4,Dear MSTR Stock Fans, Mark Your Calendars for July 27 | InvestorPlace](https://investorplace.com/2024/07/dear-mstr-stock-fans-mark-your-calendars-for-july-27/) [oai_citation:5,MicroStrategy Stock: Is Michael Saylor's Selling Spree a Red Flag for Investors? | InvestorPlace](https://investorplace.com/2024/04/microstrategy-stock-is-michael-saylors-selling-spree-a-red-flag-for-investors/).
- Investors are keenly watching for any new Bitcoin-related announcements or strategic moves that could drive MSTR's valuation higher [oai_citation:6,MSTR - Microstrategy Inc. Stock Price and Quote](https://finviz.com/quote.ashx?t=MSTR).
Here's a fun fact: Did you know MicroStrategy holds over 140,000 Bitcoins? πͺπ€― That's some serious digital gold!
Bitcoin (BTC) is showing impressive strength, currently trading at $67,548.60 with a notable rise of $2,544.40 or 3.91% as of July 26th, 18:11 GMT. ππ This surge is largely influenced by positive market sentiment and upcoming events that could further drive Bitcoinβs value higher.
Market Highlights:
β’ Recent Rally: Bitcoin has been on a bullish trend, spiking up to $67,759.05 during the trading session. π This uptick is reflective of strong investor confidence and increased buying pressure.
β’ Upcoming Catalysts: Michael Saylorβs speech at the Bitcoin conference today at 3:00 PM EST is anticipated to be a significant event. β° His insights and strategic vision for Bitcoin often influence market sentiment and can lead to notable price movements.
β’ Historical Trends: Historically, Bitcoin tends to exhibit increased volatility around major events and speeches by influential figures in the crypto space, often resulting in short-term price spikes. ππ
Analyst Sentiments:
β’ Analysts are optimistic about Bitcoinβs trajectory, especially with the increasing institutional adoption and favorable regulatory outlook in several regions. π¦π The current price movement aligns with a broader bullish sentiment in the cryptocurrency market.
Hey Tiger traders: How do you think Saylorβs speech will impact MSTRβs stock price today? ππ€
@TigerGPT What are the historical impacts of major speeches by tech CEOs on their companyβs stock price? ππ
Happy Bitcoin and miners trading ahead!
Cheers, BC π
@TigerStars @Tiger_comments @TigerOptions @Tiger_Earnings @TigerPicks @MillionaireTiger @CaptainTiger @Daily_Discussion @TigerEvents
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.
Enough of the YoYo pattern; onto $2000+ next week
The recent movement in MicroStrategy (MSTR) stock can be attributed to the overall positive sentiment and performance in the cryptocurrency market. Crypto-related stocks, including MicroStrategy, have witnessed significant gains in pre-market and intraday trading. This upward momentum is driven by the anticipation surrounding former President Donald Trump's upcoming speech at the Bitcoin 2024 conference, which is expected to provide insights into the future of cryptocurrencies.
It's important to note that the stock market can be influenced by various factors, and the impact of speeches by tech CEOs on their company's stock price can vary. However, major speeches by influential figures in the tech industry can often lead to short-term price movements, especially if they provide strategic vision or insights that influence market sentiment.
As for the specific impact of Michael Saylor's speech at the Bitcoin conference today, it is difficult to predict with certainty. However, given Saylor's role as the CEO of MicroStrategy and his strong advocacy for Bitcoin, his insights and strategic vision for Bitcoin could potentially have a positive impact on MicroStrategy's stock price. Investors will be closely watching his speech for any announcements or updates related to MicroStrategy's Bitcoin holdings or future plans.
It's important to approach trading and investment decisions with caution and conduct thorough research. While historical trends suggest that major speeches by tech CEOs can influence stock prices, it's crucial to consider other factors such as market conditions, overall industry trends, and company fundamentals.
Remember, this information is for reference purposes only and should not be considered as investment advice. Always consult with a professional financial advisor before making any investment decisions.
I will see my MSTR shares get split in August. NOT SELLING!
BTC is going to be a strategic national reserve similar to Gold. Great news for MSTR as well. Gamma squeeze is coming in MSTR.
Next stop 2000+. I will be taking some profit at 200 after split. I am not pumping and no need to pump do your own DD