Microstrategy is copying Bitcoin??almost identical graph
is it worth buying a Stock identical to a real asset?
or is it better to own the asset? :)
MSTRD trade ideas
$MSTR Long term 3k and higherMicroStrategy Incorporated provides enterprise analytics software and services worldwide. It offers MicroStrategy, an enterprise platform, which provides a modern analytics experience by delivering insights across multiple devices to users via hyperintelligence products, visualization and reporting capabilities, mobility features, and custom applications developed on the platform; analysts and data scientists with seamless access to trusted, governed data directly within their tools; and APIs and gateways, multiple deployment options, enterprise semantic graph, scalability, and security. The company also provides MicroStrategy Support that helps customers to achieve their system availability and uptime goals, and to improve the overall experience through highly responsive troubleshooting and proactive technical product support. In addition, it offers MicroStrategy Consulting that provides customers with architecture and implementation services to help them quickly realize results, and helps to achieve returns on investment derived from understanding of data; and MicroStrategy Education that offers free and paid learning options. The company provides its services through enterprise sales force and channel partners. It serves companies from a range of industries, including retail, consulting, technology, manufacturing, finance, banking, insurance, healthcare, education, and telecommunications, as well as the public sector. The company was incorporated in 1989 and is headquartered in Tysons Corner, Virginia.
MSTR looking to re-enter a SHORT position BTC breaking downMSTR's Michael Saylor is a FOOL. As a publically traded company he is a fiduciary and has a mandate to act responsible. Borrowing $2.5 billion dollars the company bondholders and shareholders are on the hook for to speculate on shitcoin will be the downfall of MSTR. I suspect there is (or SHOULD BE) an ongoing SEC investigation which could potentially bring indictments and a receivership of MSTR being setup to liquidate what's left of the companies assets and make the shareholders as whole as possible. Buying Bitcoin is no different that if Michael Saylor borrowed this money to buy lottery tickets, baseball cards, a 300 foot yacht. It's unlawful and not part of the overall business. MSTR will be under water soon as bitcoin continues breaking down because it is GARBAGE and has ZERO intrinsic value whatsoever like the other 18,000+ alt shitcoins. Attorneys, litigation, lawsuits, class actions will cause MSTR to be INSOLVENT.
This 22 Year-Old Resistance is Now a Great SupportMicroStrategy seems to be ready for a new leg up from here.
Price of Bitcoin can't go down by much more in my opinion (when looking at on-chain data).
MicroStrategy 4x side by sideHere's a MicroStrategy 4x side by side 1hr chart with related tickers. I'm not certain about this sideways action short term. The geopolitical situation can change Bitcoin's movements out of nowhere. MicroStrategy is either consolidating for another leg up or stalling for a short-term leg down. I'm neutral as of right now.
MSTR
BITO
COIN
BTC
Do your own due diligence, your risk is 100% your responsibility. This is for educational and entertainment purposes only. You win some or you learn some. Consider being charitable with some of your profit to help humankind. Good luck and happy trading friends...
*3x lucky 7s of trading*
7pt Trading compass:
Price action, entry/exit
Volume average/direction
Trend, patterns, momentum
Newsworthy current events
Revenue
Earnings
Balance sheet
7 Common mistakes:
+5% portfolio trades, capital risk management
Beware of analyst's motives
Emotions & Opinions
FOMO : bad timing, the market is ruthless, be shrewd
Lack of planning & discipline
Forgetting restraint
Obdurate repetitive errors, no adaptation
7 Important tools:
Trading View app!, Brokerage UI
Accurate indicators & settings
Wide screen monitor/s
Trading log (pencil & graph paper)
Big, organized desk
Reading books, playing chess
Sorted watch-list
Checkout my indicators:
Fibonacci VIP - volume
Fibonacci MA7 - price
pi RSI - trend momentum
TTC - trend channel
AlertiT - notification
tickerTracker - MFI Oscillator
3TV - 3x volume test
www.tradingview.com
Microstrategy = BitcoinMicrostrategy it is mirroring the situation of Bitcoin, with a Symmetrical Triangle that could reverse how to continue
#MSTR showing us the way for #BitcoinWill it Break the current bear flag that is forming?
How it performed during the Tech wreck (like all tech stocks)
which had no earnings , but relied on future projections of user growth ( eyeballs & clicks )
Lower prices seem inevitable if his #Bitcoin holdings go into the Red
MSTR Bottom Trendline Established?Good Evening. MicroStrategy looks to potentially have found a bottom at last and a potential bottom trendline is being established. This is where bulls may want to consider accumulating for their long positions or swing trades and confirm their entry with other indicators such as low RSI, a bottom curling MacD and Bollinger Band positioning (all 3 shown).
Happy Trading!
MSTR long trade Might be into the end of an ABC correction of Elliot wave after the big boom out the low.
Into the 76 fib. Long for as long as that holds.
Michael Saylor is a fool= any rallies are to be SOLD!!Anyone buying Bitcoin is a fool. It has NO INTRINSIC VALUE! Michael Saylor's Microstrategy has gambled billions of borrowed dollars on this garbage which has dwarfed the companies earnings against it's Bitcoin losses. Bitcoin is going to ZERO! It will NEVER EVER EVER replace the US Dollar. The US Government would ban it as contraband first. They allow it's existence solely to TAX the profits from the pump and dump scam. Bitcoin will ultimately bankrupt this company and it's delusional leader!
Bitcoin The greater fool theory in play here....... Bitcoin is one of over 12,000 shitcoins
The old adage: "If you believe that I have a bridge to sell you". 20 years from now it'll be replaced by: "If you believe that I have some Bitcoin to sell you".
The difference between the bridge and Bitcoin; the bridge has value, can be seen, touched, dismantled, recycled, can be turned into a toll bridge and produce income. Bitcoin is fiat, intangible, has no value, backed by nothing, tracks nothing, is nothing but a giant pump and dump global scam. Can it go higher? Sure! However, that makes it no more relevant as an investment than a lottery ticket. Today there are over 13,000 alt coins in the Crytpo market, all purporting the same level of "scarcity".
With the Federal Reserve printing currency and monetizing deficits by the tens of trillions there will be a dollar crisis and a Great Depression 2 in my lifetime. Since 1971 the US dollar which is pure fiat, backed by nothing and sooner than later will collapse when kicking the can down the road no longer is sustainable we will have to pay the piper. I hear people demanding more stimulus, the same people who are complaining about the cost of everything spiking and supply shortages. Well, DUH! You give people free money they're going to spend it causing artificial demand on a constrained supply chain. This is a direct result of the inflation courtesy the Federal Reserve. Inflation is money printing.
The Bitcoin= BITCON community has a compelling well thought out intricate intelligent theorem articulating why the US dollar will ultimately collapse, but where they are sorely mistaken is the US dollar will never be replaced by more fiat, especially something as volatile as this scam which can fluctuate 30 percent in hours . The gold standard will return once the US dollar collapses. BITCON pumpers purport the Federal Reserves of the world will be "forced" to buy Bitcoin, what a JOKE!!! They will never buy BITCON or any crypto currency. The US government (and world governments) will NEVER relinquish control, they will simply regulate BITCON out of existence if they feel in any way it could threaten their control over their respective collapsing currencies. Bitcoin and other crypto currencies- block chain fiats will be summarily shut down like Parler.
Bitcoin the CON has no uses, is not tangible, is expensive and inconvenient to exchange, is volatile, can be digitally hacked, lost or stolen and is going up for one reason. GREED!! Every gambler who is purchasing it in hopes to unload on an even larger sucker.
MicroStrategy testing FibonacciWe can see a high correlation between the company and BTC since the pandemic.
Looking at the monthly chart, the fact is that the price is now in an important Fibonacci region at 50%.
On the 1-hour chart, on the ADX indicator, we can see a decrease in the selling force (red arrows), and an increase in the buying force (green arrows),
forming a kind of symmetrical triangle, signaling a temporary indefiniteness.
I'm waiting in the cabin to see what happens.
MSTR is a spicy buy now#Microstrategy is a spicy 🌶 buy now, down 61% from previous high of $884.
You’ll 3x your money from today’s bounce at $319 in the next few months.
First target break above the downtrend line, $669 to $761 right to fib retracement into the green fib box
Second is the bull flag breakout! The target 🎯 from impulse move up, move the flag pole over from the breakout will put #MSTR at new ATH of $1600
AKA MicroBrain StrategyThese guys have 122,500 Bitcoin (BTC) and have a total average purchase price of 30k with an average buy in of $3.66 Billion. Watch out if Bitcoin breaks below 30k.... who knows when the banks are gonna start calling and asking for their billions back... at the time of this article in December 2021, Microstrategy's BTC was valued at $6.13 Billion which is now as of this date worth about $4.25 Billion. At what point does Mr. Saylor sell???
www.nasdaq.com
That higher volume you see on the wave C is indicative of a wave C pullback and a blowoff top which is exactly what occured in 2021.
We might get a really good bounce to the upside before this red arrow takes effect but it's going to happen. Bitcoin is the riskiest of risk assets and these guys have $3.66 Billion worth of Bitcoin
Microstrategy Inc. Short Play- MSTR was down 17.84% for the day on Friday and down 254% off ATH's set in February 2021.
- Microstrategy Inc. have taken a company with $500M in revenue and book value of $500M earning 7% on equity and have borrowed $2.1 BILLION, sold $900M in Shares and Purchased $3.2 BILLION BITCOIN.
- MSTR is now a company with still only $500M in revenue but now has $2.2 BILLION debt, $550M in Equity and almost all of its assets in cryptocurrency.
- THIS IS TWNETY ONE TIMES NET DEBT TO EBITDA!!!!
- Market cap is at $4.1 Billion and falling fast, it was $13 Billion in February.
- Top 100 holders of MSTR include: Vanguard Group, Blackrock, Morgan Stanley.
Good proxy for cryptoworth watching this one, Good proxy for crypto, will be headines with all the bitcoin price action
Saylor vs. The SEC ...no winners here $MSTR #BTCInstitutional investors get hyper when they hear #SEC. Saylor and company told the SEC it used non-GAAP measures to give investors a fuller picture of its finances. If the company only showed declines in value, it would give “an incomplete assessment” of its Bitcoin holdings that would be “less meaningful to management or investors” in light of the company’s strategy to acquire and hold Bitcoin.
“We further believe that the inclusion of bitcoin non-cash impairment losses may otherwise distract from our investors’ analysis of the operating results of our enterprise software analytics business,” the company wrote.
Microstraregy Wyckoff accumulationWyckoff accumulation scheme type 2.
Phase C is coming to an end.
ST level B(447) was tested
Next, you need an impulse and testing the level of ST (566), as well as SOS above the level of BOS (891)
MicroStrategy technical analysisAs per any trade entry position matters. MicroStrategy currently holds 114,042 Bitcoin on it's balance sheet. Here's MicroStrategy (MSTR) technical analysis 1 day chart:
52 week H = $1,315
52 week L = $377.12
Price levels 1 day chart:
SMA233 = $667.11
SMA144 = $655.74
SMA89 =$676.26
SMA55 =$693.81
Trend channel 1 day chart:
breakout = $737.12
R3 = $696.81
R2 = $656.50
R1 = $616.19
pivot = $575.85
S1 = $535.57
S2 = $495.26
S3 = $454.94
breakdown = $414.63
Do your own due diligence, your risk is 100% your responsibility. This is for educational and entertainment purposes only. You win some or you learn some. Consider being charitable with some of your profit to help humankind. Good luck and happy trading friends...
*3x lucky 7s of trading*
7pt Trading compass:
Price action, entry/exit
Volume average/direction
Trend, patterns, momentum
Newsworthy current events
Revenue
Earnings
Balance sheet
7 Common mistakes:
+5% portfolio trades, capital risk management
Beware of analyst's motives
Emotions & Opinions
FOMO : bad timing, the market is ruthless, be shrewd
Lack of planning & discipline
Forgetting restraint
Obdurate repetitive errors, no adaptation
7 Important tools:
Trading View app!, Brokerage UI
Accurate indicators & settings
Wide screen monitor/s
Trading log (pencil & graph paper)
Big, organized desk
Reading books, playing chess
Sorted watch-list
Checkout my indicators:
Fibonacci VIP - volume
Fibonacci MA7 - price
pi RSI - trend momentum
TTC - trend channel
AlertiT - notification
www.tradingview.com
SaylorMoonIn case new regulation isn't to harsh on BTC, we should get a 2012-2013 BTC bull run. MSTR could outperform the underlying due to a lack of an ETF and SaylorMoon's leverage. up pls
Short Michael SaylorSaylor will be rapidly pushing out youtube interviews with his breathless whining voice at an increasingly panicked rate as bitcoin begins to plummet. His leveraged play to take out loans to buy Bitcoin has an avaerage position of $30K, once bitcoin falls below this, microstrategy descends into the pit. Watch the Feds announced a doubling of the taper rate to QE and a inclination to hike rates as a impetus to dump bitcoin.
