BTC / MSTR Updated stock split price chart.
BTC / MSTR Updated stock split price chart.
State banks have ownership in Bitcoin ETF's and MSTR, the supply continues to be shaken out from weak hands into powerful hands.
Let the final move begin.
MSTR
BTCUSD | MSTR Adopted FASB | Japan CT Dip, Panic Selling. Buy.
Japan's situation has finally cracked spooking the entire market, liquidations across the board, MSTR full speed ahead purchasing, 10-1 split should be active by the next days.
Rate's globally have peaked and will be forced lower to combat unemployment and QE could start as soon as year end.
The Bitcoin monthly RSI has repeated the ISM cycle of 5 dots before movements violently into the upside direction, we are now on the 4th dot with a global liquidation event now with the people who were wrong about the recession in 2023-2024 calling for it to finally be "now".
Not understanding a recession means rate cuts race to zero + global liquidity is about to receive injections multiples more than we saw in Covid & 2009 combined.
Note when Bitcoin passes the 5 blue monthly dot stage the price has never ever returned to the price point. Potentially the last time in history we will see Bitcoin under $55,000 and MSTR under $1,300 (not counting the 10-1 stock split).
Full speed ahead Bitcoin.
MICROSTRATEGY BreakoutMSTR is setting up for new all time highs, we are witnessing a breakout today. This high volume node that we are at is likely, in my opinion, re-accumulation. Not financial advice. DYOR
MicroSrategy Shows Bullish Triangle-Brekout In ViewLooking at MicroStrategy, there is a very nice recovery from the 1190 area, but prices are not yet breaking out. Currently, there is some consolidation near the upper side of this contracting range around 1660, which could represent the upper levels for sub-wave D of a trinagle. Triangles are structured by a-b-c-d-e subwaves, so I assume that the price can still pullback a bit, and possibly fill the gap near 1400, from where I would be looking for the next move higher.
GH
MSTR | Potential Reversal We are currently observing interesting price action at the Purple Line - Strong Pivot level on MSTR. The price has been in a clear downtrend but recently found support at this key level. Here’s a breakdown of what’s happening:
✅ Key Support Level: The Purple Line - Strong Pivot level has provided support, preventing further decline for now.
⚠️ Price Action: After a strong bullish bounce, the price shows indecision with small-bodied candlesticks.
✅ Volume Analysis: There is an increasing relative volume average, indicating heightened interest and activity at the support level. The bounce was accompanied by a significant volume spike, suggesting strong buying interest.
➡️ Potential Trading Strategy:
Wait for Confirmation: Look for further bullish confirmation, such as a continuation of higher volume on bullish candlesticks or a break above recent highs.
Entry Point: Consider entering a long position if bullish confirmation is observed, with a stop loss placed just below the Purple Line - Strong Pivot level to manage risk.
Target: Potential upside targets include $1500 (Gray dashed line)
Caution: If the price fails to sustain above the Purple Line - Strong Pivot level and volume declines, the downtrend may resume. Monitor the price action and volume closely for further signals.
Stay tuned for more updates and happy trading! 🤘🏻🤑
MICROSTRATEGY Bottom on Inverse Head and Shoulders. Eyeing $2000MicroStrategy Inc. (MSTR) is about to complete the Right Shoulder of an Inverse Head and Shoulders (IH&S) pattern, which is a bottom formation technically. The Head was formed on the 4H MA200 (orange trend-line), a long-term Support for the stock, while the price is now testing the 4H MA50 (blue trend-line) as Resistance.
We saw this exact same behaviour on MSTR's previous bottom (May 01) and right when it broke above the 4H MA50, it peaked marginally above the 1.618 Fibonacci extension level. As a result, we expect a similar development and our Target is $2000.
Notice also that right when the price was testing the 4H MA50 last time, the 1D MACD formed a Bullish Cross, which is what it is currently doing. Strong similarities everywhere.
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$MSTR tricky path to $3000+?This looks like the most interesting long setup in crypto mining should the opportunity present itself.
In the short term, I think price will likely continue up into the $1400-1500 range. If price can't break through that level, I think it'll be a great short.
If you look at the correction so far, we've only had 2 legs down, I think the 3rd is yet to come which will bring us into the sub $1000 support zone.
If we get down there, I think that'll create a great buying opportunity and price should surge higher into the $3000+ resistance level.
So if you buy the bottom and sell towards the top, there's 3x gains to be had.
I'll likely play this in both spot and options as there will be great money to be made if you can time this well.
Good luck.
Bitcoin is about to make a large move!BTC has lost some key technical support levels.
The weakness displayed in crypto has come while the stock markets have been incredibly strong
Its never a good sign when you see BTC getting rejected at double top.
The previous ATH at 69k seems to be really keeping price action in check.
BTC has 2 channels converging around 57k - 59K.
Don't be surprised if we see more sellers in the next couple weeks.
Util we break the bullish neckline, the 94K price is only a dream.
MicroStrategy Makes it to The MSCI World Stock IndexMicroStrategy ( NASDAQ:MSTR ), recognized as the world's largest corporate holder of Bitcoin, has recently been included in the MSCI World Stock Index, which has significantly enhanced the liquidity of its stocks. The company's stock price has consistently outperformed Bitcoin's price over the past year and into early 2024. Notably, on May 14, the NASDAQ:MSTR stock price surged by 4.15%, hovering just below the $1,300 mark. This development underscores the increasing convergence of cryptocurrency exposure within traditional investment portfolios, as billions of dollars are either monitored against or used as benchmarks against MSCI's global index.
Michael Saylor, the co-founder of MicroStrategy, is renowned for his strong support of Bitcoin. As of April 26, MicroStrategy ( NASDAQ:MSTR ) possessed a significant holding of 214,400 Bitcoins. Over the last year, MicroStrategy's stock price has quadrupled, surpassing the increase in Bitcoin's price by an impressive 130%. However, the launch of spot Bitcoin ETFs in the U.S. this year has posed a challenge to MicroStrategy's market dominance.
In March, Kerrisdale Capital Management LLC publicized its decision to short the stock, attributing it to the rapid growth of MicroStrategy outpacing the surge in the digital asset's price. Presently, MicroStrategy has received four analyst buy ratings, with an average 12-month price target of $1,678.75, which is almost 30% higher than the current stock level, as per data compiled by Bloomberg.
Index provider MSCI has included U.S. bitcoin investor MicroStrategy ( NASDAQ:MSTR ) in its list of 42 additions to its widely tracked world index, while more firms from India have joined its emerging markets index following a quarterly review. These additions are closely monitored as billions of dollars invested in exchange-traded funds track MSCI indexes, and they are utilized as performance benchmarks for fund managers.
The three largest additions to the MSCI emerging markets index will be U.S. companies: software firm and bitcoin investor MicroStrategy, data storage company Pure Storage (NYSE:PSTG), and mechanical and electrical construction firm Emcor. These changes, effective at market close on May 31, typically drive a notable increase in turnover.
MSTR MicroStrategy Incorporated Options Ahead of EarningsIf you haven`t sold MSTR on this potential fair value retracement:
Then analyzing the options chain and the chart patterns of MSTR MicroStrategy Incorporated prior to the earnings report this week,
I would consider purchasing the 1250usd strike price Puts with
an expiration date of 2024-5-17,
for a premium of approximately $120.25.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
MSTR is a good buy now with $18B market capEven though MSTR holds $12B Bitcoin, they have demonstrated that when bitcoin is doing well, the market cap is almost 2x Bitcoin holdings.
This could be a great way to leverage yourself safely and pick up the dip at about 3x gains (if Bitcoin moves up of course).
For every 5%, MSTR will move 10-15%.
Good Luck!
MSTR Announces Q1 2024 Financial Results; Holds 214,400 BTC**Title: MicroStrategy's Bitcoin Investment Strategy: Navigating Volatility and Seizing Opportunities**
MicroStrategy ( NASDAQ:MSTR ), the pioneering software company led by CEO Michael Saylor, continues to make headlines with its bold Bitcoin investment strategy. Amidst a backdrop of financial results and market dynamics, MicroStrategy's relentless pursuit of Bitcoin accumulation underscores its commitment to digital asset adoption. With recent updates on its Bitcoin holdings, financial performance, and market analysis, MicroStrategy's journey offers valuable insights into navigating volatility and seizing opportunities in the cryptocurrency space.
MicroStrategy's Bitcoin Acquisition Strategy:
MicroStrategy's latest financial report reveals a strategic focus on Bitcoin accumulation, with the company acquiring an additional 25,250 CRYPTOCAP:BTC in the first quarter of 2024. This brings MicroStrategy's total Bitcoin holdings to a staggering 214,400 CRYPTOCAP:BTC , worth approximately $13.6 billion. By leveraging proceeds from capital raises, MicroStrategy reaffirms its position as a leading corporate holder of Bitcoin, representing nearly 1% of the digital asset's total circulating supply.
Financial Performance and Market Dynamics:
Despite its robust Bitcoin holdings, MicroStrategy reported a net operating loss of $53.1 million for the first quarter of 2024. This loss, attributed to digital asset impairment charges, underscores the inherent volatility of cryptocurrency investments. However, MicroStrategy's double-digit subscription services revenue growth demonstrates the resilience of its core business, fueled by a strategic shift to cloud-based services.
Analyst Insights and Price Target Adjustments:
Analysts at Canaccord Genuity offer valuable perspectives on MicroStrategy's performance and future prospects. While maintaining a buy rating, Canaccord revised MicroStrategy's price target to $1,590 from $1,810, reflecting both the appreciation of Bitcoin and the revaluation of the software business. Despite the stock's 2.5% decline in after-hours trading, analysts remain optimistic about MicroStrategy's long-term potential.
Scarcity Value and Market Outlook:
MicroStrategy's significant Bitcoin holdings contribute to its scarcity value, offering equity investors a unique avenue for exposure to the digital asset. As the cryptocurrency landscape evolves, MicroStrategy's proactive approach positions it as a frontrunner in harnessing the potential of blockchain technology. With positive market indicators, including recent approvals of U.S. Bitcoin spot exchange-traded funds (ETFs), the stage is set for continued growth and innovation in the digital asset space.
Eyes on MSTR becoming the largest US company. New Carry Trade?
MSTR meets FASB to be included in SP 500 allocation.
DTC collateral rule does not apply to MSTR making it one of the one options to buy Bitcoin.
19.32% shorted.
EPS should come out extremely elevated.
24 year MEGA trend on MSTR showing a completely new movement away from its prior values.
Japan carry trade is now in chaos meaning rebound US bond selling will occur, YCC + QE in the USA capital needs new markets, Bitcoin and MSTR is that market.
Hong Kong to launch ETF's tomorrow allowing the the other largest capital in the world to flow into Bitcoin.
Michael Saylor is a genius using non ETF collateral, forcing MSTR share buying allowing excess capital debt to use senior convertible debt to allocate to Bitcoin.
Bitcoin rises > MSTR rises + valuation > more debt corporate debt to buy Bitcoin > Bitcoin rises.
Now include MSTR into the SP500 where the higher its market cap rank is the more capital allocation is involved.
Now add the premium MSTR will be trading at from institutions looking to get BTC exposure.
The outcome is simple if Bitcoin continues to grow through this year like it has prior, MSTR will become the largest US company by market cap.
MSTR is a reserve repo for Bitcoin & a reserve bank for Bitcoin.
I'm long MSTR willing to call it early that Michael Saylor may have designed the best trade on Bitcoin in history.
Study MSTR Study NVDA - Call Option The Panic - MSTR VS NVDA
Is Bitcoin going to do what some outlandish people think?
Remember the ones who were anti semiconductors and Ai LLM?
Skeptics with MSTR are going to go through the same treatment the NVDA shorts had to.
MSTR has performed a successful break of the companies entire history showing Michael Saylor has caught onto a new trend.
MSTR Volume supports the run, there's still large short interest on MSTR from the 100-200 range still stuck.
Puts continue to pile onto MSTR as apparently the Spot ETF volumes have "peaked" at 54b AUM.
The MACD is showing a launch coiled up beyond what NVDA was.
MSTR Notional Value 1.72B
NVDA Notional Value 66.48B
Both Bitcoin & MSTR are making a retest of the long term price trend, if this fails to break back under we will see a reversion of the both.
Microstrategy is CHEEEEAPMicrostrategy holds 129,218 bitcoins, worth about $3.87B
Their current market cap is $2.2B.
I don't have anything more to say.
MSTR, SHORT 590, LONG 2300, END 1260So, I normally wouldn't share this idea, but also it is exactly something I would share with you.
There must be someone else out there equally as dumb as me.
Makes us overconfident.
How overconfident?
Well, chart shows what I'm seeing and just enough to try it.
Crazy right.
BUT ALSO, not unheard of for BTC starting a some bullish movement (big), and not unheard of for MSTR to swing from 1400 to 500 and then back up again within a limited amount of time. Especially now that they are basically just bitcoin rather than much of a company it seems.
But does it really matter should btc hit 1 million.
Probably not.
way OTM going to ITM on MSTR after such a big bullish movement might be the deal of a lifetime if you can manage that kind of trade into an ultra low chance of success.
Is it really a yolo if people don't call you dumb for thinking about it, suggesting it, and then ultimately trying it, making a ton and losing it all on something stupid.
Haha, I love the market.
Good luck everyone!
MSTR Short Sellers Face $2 Billion Hit Amid Crypto Volatility MicroStrategy Inc. (NASDAQ: NASDAQ:MSTR ) has become a focal point of attention in the financial markets as short sellers grapple with staggering losses amounting to $1.92 billion since March. The company's foray into cryptocurrency and its recent surge in value have triggered a wave of short covering, marking the highest short losses since March.
Amidst the volatility in crypto markets, MicroStrategy's stock ( NASDAQ:MSTR ) has been a magnet for short sellers, who utilize the short-selling approach to bet on potential declines in financial instruments. Despite their efforts, the company's relentless rise, fueled by its significant investments in Bitcoin and other digital assets, has caught many off guard.
According to data from S3 Partners, MicroStrategy's short sellers have incurred massive losses, highlighting the impact of its bullish run that has outpaced even Bitcoin's performance. The recent approval of spot Bitcoin exchange-traded funds (ETFs) by the Securities and Exchange Commission (SEC) further propelled MicroStrategy's ascent, bringing cryptocurrency closer to mainstream acceptance.
Short selling, a strategy used by traders to profit from declining asset values, has become increasingly risky in the face of MicroStrategy's upward trajectory. The company's resilience in the face of market skepticism underscores the challenges faced by short sellers attempting to capitalize on price declines.
In the cryptocurrency sector, short sellers face heightened risks due to the industry's inherent volatility and susceptibility to sudden price swings. With MicroStrategy leading the pack, other companies like Coinbase and Cleanspark Inc. have also emerged as targets for short sellers, amplifying concerns of potential squeezes.
The surge in short interest reflects a cautious sentiment among investors, as short sellers remain skeptical or strategically hedge their positions amidst market uncertainty. The industry's total short interest has surged significantly, indicating a growing divergence in market sentiment and heightened speculative activity.
As MicroStrategy ( NASDAQ:MSTR ) continues to defy market expectations and drive substantial losses for short sellers, the dynamics of the crypto market remain fluid. The company's strategic investments in cryptocurrency and its bullish outlook have reshaped the landscape of digital asset investing, leaving short sellers grappling with unprecedented challenges.
Technical Outlook
MicroStrategy ( NASDAQ:MSTR ) stock is up by 8.67% and is trading above the 200-day Moving Average with a bullish Relative Strength Index (RSI) of 53.33 indicating no overbought nor oversold condition for the stock.
Bitcoin / MSTR / ARM / SMH / INTC / IQGreat profits taken on a few trades today.
Bitcoin & crypto under pressure.
Semiconductors weak today.
TC members received 7 new trade alerts today.
1 Bonus stock pick at the end of the video.
Insider Sell-off Sends MicroStrategy (MSTR) Stock TumblingMicroStrategy Inc (NASDAQ: NASDAQ:MSTR ) recently experienced a significant downturn in its stock price, plummeting by 6% following news of insider sell-offs. Michael Saylor, the Executive Chairman and 10% Owner of MicroStrategy, sold 1,140 shares at an average price of $1,951.33 per share, totaling over $2.2 million. This sale is part of a broader trend, with insiders offloading a substantial number of shares over the past year. As investors grapple with this development, it's crucial to analyze the implications for NASDAQ:MSTR 's future prospects and investor sentiment.
Insider Sell-off and Market Reaction:
The insider sell-off, particularly by key figures like Michael Saylor, has triggered concerns among investors. The lack of insider purchases over the past year, coupled with numerous insider sells, paints a worrisome picture. On the day of the sale, NASDAQ:MSTR shares were trading at $1,951.33, contributing to a market capitalization of $28.923 billion. However, the sell-off has raised questions about the company's valuation and its long-term growth prospects.
Overvaluation Concerns and Analyst Ratings:
MicroStrategy ( NASDAQ:MSTR ) may be significantly overvalued. Analysts have voiced mixed opinions on the stock, with some maintaining buy ratings while others have lowered their target prices. The consensus among analysts underscores the uncertainty surrounding NASDAQ:MSTR 's future trajectory and underscores the importance of thorough due diligence for investors.
Institutional Investors' Stance:
Institutional investors and hedge funds have also made moves in response to recent developments. While some have increased their stakes in MicroStrategy, others have reduced their positions or remained cautious. These actions reflect the diverse perspectives within the investor community regarding the company's outlook and its ability to deliver sustained value in the highly competitive software market.
Conclusion:
The insider sell-off at MicroStrategy has undoubtedly rattled investors and cast a shadow over the company's near-term prospects. With valuation concerns, mixed analyst ratings, and varying reactions from institutional investors, navigating MSTR's stock requires careful consideration of both risks and opportunities. As the company continues to navigate the evolving landscape of enterprise analytics and mobility software, investors must remain vigilant and stay informed to make sound investment decisions.
MSTR MicroStrategy Incorporated Fair Value | Potential Sell-OffAchieving a scenario where MSTR trades at parity with its Bitcoin reserves would necessitate a remarkable surge in BTC price to $157,000, marking a staggering 130% increase from current levels!
At today's BTC price, MSTR's ideal settlement range would hover around $775-$800, representing its fair value!
Adding a slight premium, my adjusted price target for MSTR would be $960!
The growing popularity of Bitcoin ETFs presents a challenge to MSTR's relevance, making it useless to hold MSTR at such a high premium to its BTC holdings!
It's worth noting that CEO Michael Saylor sold 1,508 shares of the company on March 14, 2024.
MicroStrategy Slumps 11% As Kerrisdale Capital Shorts The StockMicroStrategy ( NASDAQ:MSTR ) finds itself in the crosshairs of investment firm Kerrisdale Capital, as the latter takes a bearish stance on the software company's stock. Kerrisdale's decision to short-sell NASDAQ:MSTR stems from concerns over the inflated valuation driven by its heavy investment in Bitcoin. As MicroStrategy's shares plummet by 11% in response, investors are left to ponder the implications of Kerrisdale's bold move.
Kerrisdale's Short Position:
On March 28, 2024, Kerrisdale Capital publicly announced its short position on MicroStrategy ( NASDAQ:MSTR ), citing an unjustifiable premium in NASDAQ:MSTR shares compared to the spot price of Bitcoin. The firm argues that MicroStrategy's valuation, heavily influenced by its Bitcoin holdings, has soared to unsustainable levels, with the implied Bitcoin price in NASDAQ:MSTR shares surpassing $177,000.
Risky Business:
While MicroStrategy's strategic pivot towards Bitcoin initially garnered attention as a unique way to gain exposure to the cryptocurrency, Kerrisdale Capital believes that the current premium attached to NASDAQ:MSTR shares is unwarranted. With Bitcoin readily accessible through various channels, including brokerages and crypto exchanges, the rationale for paying a hefty premium for the same asset diminishes.
Market Dynamics:
Kerrisdale's short position on MicroStrategy ( NASDAQ:MSTR ) reflects a broader sentiment in the crypto stock market, where total short interest amounts to $10.7 billion. MicroStrategy ( NASDAQ:MSTR ) and Coinbase ( NASDAQ:COIN ) lead the pack, commanding 84% of the bearish bets. Despite MicroStrategy's recent surge, fueled by a 155% increase year-to-date, short sellers remain undeterred, anticipating potential market corrections.
Challenges Ahead:
MicroStrategy's bullish run has posed challenges for short sellers, with the company's outlook threatening significant paper losses for those betting against it. However, Kerrisdale's decision to short NASDAQ:MSTR underscores lingering doubts about the sustainability of its Bitcoin-centric strategy and the premium embedded in its shares.
MSTR Explained (Reverse Repo Of Bitcoin) 30k+ Target
A lot of people are critizing MSTR & Michael Saylor for his Bitcoin activity and it needs to be cleared up on how serious this is for MSTR.
If Bitcoin continues on its trajectory, MSTR will be in the top 10 companies by market cap in the SP500.
1. Spot ETF's cannot be added to SP500 Index funds.
2. Spot ETF's cannot be levered on the base price.
3. MSTR shortly will be in the SP500 index funds meaning global allocation to the standard funds will be buying up MSTR shares that MSTR in return will be using to buy Bitcoin and apply low corporate leverage debt.
SP500 Index Fund > MSTR > Debt/Bitcoin > Bitcoin scarcity increased > Spot ETF rises, increasing the MSTR total value.
Large funds can park money with MSTR that MSTR then uses extremely low corporate leverage to accumulate more Bitcoin per capital invested that they then hold and adjust shares accordingly / buy back shares.
At the end of this bull market Michael Saylor can also make a decision to get debt against a portion of his Bitcoin in the company balance sheet and use his operating income / to fund and secure the debt.
Spot ETF's are extremely important including Futures.
MSTR? also very important in what he is doing.
MSTR is not a Spot ETF it's a company with a structure to generate returns like Berkshire Hathaway, there is risk involved but Saylor has taken a route that gives MSTR a strong resilience to bear markets and stronger upside to bull markets. This might have not worked if there was too much Bitcoin supply to purchase meaning Spot ETF's out weigh MSTR.
But MSTR has more than enough for what it needs to become one of the largest investment company in the world.
MSTR on this trajectory is worth north of $20,000 per share.
MSTR has more rocket fuel LONGMSTR recently bought up a lot more coins. News that an insider sold $7 M in shares while
interesting is quite meaningless. He still has $150M plus. MSTR is riding a " Bollinger Band
march" on the upper band. This is a huge surge. I was happy to catch a buy today at $1575
off a low-ball limit order that somehow got filled. All things crypto has a great day. It was
a Magic Monday for sure. I will sell some on Thursday mid-day and buy more next Monday.
I know all the contrary ideas- Reckless abandonment. Poor risk management. The answer
my initial capital into MSTR has been long returned to the account ( then spent getting
larger in semiconductors); this is all profit being compounded. If there is some risk it is
all accepted. the entire position has a trailing stop loss of !0% - no problem seen. Risk on.
BTBT RIOT are running in the shadows and the positions are not half bad. BTUSD and ETHUSD
on forex with 100:1 leverage are carrying their own weight.
