MSTR slammed earnings beyond the parking lot LONGMSTR while Bitcoin and the whole ETF thing has caused crypto momentum had a good
4QTR23 and 8Xed the analyst's earnings estimates two days ago. The momentum is expanding
as market volume is accelerating. Late afternoon the zero lag MACD showed some recyling as
some early traders took cash off the table. To emphasize however, there is no sign of bearish
divergence on the RSI. This has gained 25% in 3 days. Anyone into the prices needed to acquire
options contracts could consider looking for an option using their own typical selection criteria.
There are others who as price is overextended and it will fade. They say the same thing about
NVDA. For me, I will take a trade here even if the continuation is short lived. At the end of
the day, Bitcoin could go to MIL:1M per each as some of those with crystal balls forecast.
See also small cap miners BTBT BTCS Cleanspark HUT and some middle caps in RIOT and
MARA. It's a buyers' market right now but only if you do not chase. Look on a low time frame
for an oversold undervalued intraday moment and take your trade !
