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MSTR

BTCUSD might soar as MSTR has added 19k+ BTCMicroStrategy MSTR just announced a couple of hours ago, they have purchased an additional 19,452 Bitcoin. This might send BTC souring to its new all time high. MicroStrategy MSTR press release: microstrategy.com/en/investor-relations/press/microstrategy-acquires-additional-19452-bitcoins-for-1-026-billion_02-24-2021 -------------- This content is for education purposes only. You should not execute any trade based on it. Please do your own research.
BITSTAMP:BTCUSDLong
by prhasn
BTC: VCP and Ascending Triangle breakout: price target 60-65KADDED to my BTC trade position here. Ascending Triangle breakout around 49.8K. Volatility Contraction pattern printing on 1 hr and 4hr charts. Strong news about Microstrategy issuing debt for more bitcoin purchases (900 Million). www.coindesk.com Coiling up like a furious snake. Is it possible to fail here? Yes, but Michael Saylor just announced a 900 Million debt deal to buy Bitcoin, what price is he going to buy at? Stop loss 10%. First profit target: 20%. Raising stops to break even at 10-14% unrealized gain.
Long
by EddieTradez
2
HUT - Cup and Handle pattern on dailyThis canadian bitcoin miner has formed a nice cup and handle on the 4 hour and daily chart. I prefer handles that do not go past the 50% Fib retracement. Potential catalyst would be uplisting to Nasdaq exchange from OTC for US traders and the OTC symbol is HUMF. I like MARA RIOT and HUT here in bitcoin mining sector. HUT has $48 mill net cash , while Mara and Riot have less net cash. HUT uses natural gas and Wind farms for energy, so a little cheaper production cost compared to MARA and RIOT. HUT has 3000 BTC inventory, MARA 4812 and RIOT 1053. *I live 2 hours away from their mining facility. Go Bitcoin! :)
TSX:HUTLong
by hockeysniper
Every Decade you get one.While everyone is chasing the "next thing" or focussing on short squeezes and pump and dumps... Quietly BNGO has emerged from the depths of penny land. While analysts will attempt to scare you out of this stock by touting a 1000%+ run, and touting it as a penny stock similar to ZOM, a look a little closer reveals the company is just retouching its IPO price from two years ago. This is far from a P&D or a GME Short Squeeze hype play (I am all for the GME play, F' Citron) instead this is a new monetization play with some of the smartest Scientists on earth backing it. Stop and think for a second... Why am I chasing a crowded EV play, its TSLA or nothing, why am I chasing a mature e-commerce play like ETSY or Amazon, why am I chasing a MJ play in a foggy market, why am I chasing a mature fin-tech play, why am I chasing a SPAC above $12. If you are looking for true growth you must search for a market that has yet to be monetized. For the next decade the monetization of the human genome will be the largest growth play on earth. I think we have a winner. It's time to yell BINGO! Sale your car, house, child, sale your body, kidney almost anything you can to buy more shares of this. The moon is imminent. ST PT $25 by March 2021. LT PT $415 by March 2023. FANG will go BANG!
NASDAQ:BNGOLong
by ilike2yolo
7
MicroStrategy Call Options: A Leveraged Bitcoin PlayBuying $MSTR call options, given the company's sizable Bitcoin holdings, has been a convenient way to speculate on rising Bitcoin prices with leverage. It's not uncommon for the stock to appreciate +10% on a 5-8% Bitcoin move, and the corresponding calls 500-1000% or more. This trade requires a hefty risk tolerance, as it goes south rather quickly if Bitcoin pulls back; also, the stock does not always trade as you'd expect given Bitcoin's chart for any given day, sometimes there is a delay in how the stock acts to the Bitcoin price. The premiums are also very high as well as the implied volatility; this requires patience and the understanding that you could lose 100% of your investment. If you are a Bitcoin bull, it's best to use a small % of your total portfolio allocation to this trade, keep 99% of your money in Bitcoin itself. When this trade works, however, you can use the proceeds from your +1000% gains on the call options to then buy more Bitcoin. This is not financial advice, good luck.
NASDAQ:MSTRLong
by TennHedge