Microstrategy
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
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MSTR - too fast too soonMicrostrategy is at resistance. Fundamentaly my thesis says that biiger indices are going to decline quite soon. MSTR is low on usd and high in btc which should pull it down since mstr is currently priced high because of btc investment and not because of btc contribution
MSTR bull wedge - 1000+MSTR's announcement of a convertible note to buy yet more BTC seems to have put pressure on the name - presuably people shorting it while buying the convertible bond. This has formed up with a pretty text book looking bull wedge. This has a day or two to break to the upside - so long as BTC actually holds up, I see this going to 1000 or higher in the next few days.
Microstrategy easiest long of all time?MSTR is basically "Bitcoin ETF", there is no way MSTR does not go up from now, Michael Saylor knows what he is doing...
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.
POTENTIAL $MSTR SWING! 🚀 (LONG)Microstrategy owns more than 70,000 Bitcoin on its balance sheet! We are getting a correction trace back to its .50 or .618 levels in this potential bull flag. After which, we believe it to reach to the top of the resistance. - HH
Microstrategy (MSTR) • A potential long term 🚀 trade The bullish case for Microstrategy. I map some important technical levels to pay attention to.
Sorry for the time it took to map some lines since Tradingview has this annoying bug and doesn't fully import saved settings of tool-templates.
What does the Fed have to do with Bitcoin?I wanted to share my fundamental take on a consequence of "mass adoption" among institutions. Bitcoin is being bought on debt financed by a low interest rate world. Trading cryptocurrency no longer means that traders and investors are immune from the wider economy. Unfortunately I think that cryptocurrencies may become influenced by interest rates...
Microstrategy to have a short-lived fall in the near termMicrostrategy to fall to the light blue line. If the crypto selloff continues and bitcoin reaches targets from $24,000 - $27,000, we may see Microstrategy touch the red line before any upside movement. Once the upside movement begins, the rally will be fun to watch - HH
Microstrategy 300% up since adopting #BTC as primary reserveMicrostrategy (MSTR) 300% up since adopting #BTC as primary treasury reserve asset
LIVERMORE'S SPECULATION FUNNELHola traders,
I hope you're all having a wonderful bull market thus far.
I originally stumbled across this idea early in this parabolic move, but didn't quite see it playing out. HOWEVER -I caught a tweet from @cryptohamster yesterday and it clicked.
Livermore's Speculative Chart
1 - 7: Asset is "coiling up" for a large move.
8: A bullish breakout of the rising broadening wedge (an otherwise bearish pattern) should allow one last point of entry before taking off (to the moon).
.. I believe we could be at point #8 right now, however there is a VERY REAL possibility that I am off by 1 count here, meaning we could be at POINT 7 RIGHT NOW -and we could be looking at a pretty severe correction before kicking off some more INSANE price action.
Some things to consider:
The last 4 weekends, BTC has rallied into late Sunday night -leaving CME gaps below PA each time, then experiencing a corrective move as markets open the following Monday.
Whales have been selling EVERY all time high over the last 2 weeks.
There's always a bearish possibility, and in this case -we could be looking at one final shakeout before the rocket ship takes off
-but with the total crypto MKCP nearing $1.1 trillion and BTC decoupling from the DXY -it's REALLY hard to be bearish on the BTC price right now.
RETAIL FOMO comin in HOT! We could be looking at a $150K BTC in Q1 of 2020... emphasis on "could".
Trade entries will be posted below -opened yesterday, however the plan has changed slightly -will be adding to my positions vs. taking profit. Keeping a trailing buy underneath of my SL.
ARE YOU BEARISH? .. or are you BULLISH?
I would love to hear your thoughts! (or read them).
Microstrategy idea with 30% return on investmentMicrostrategy bullish idea for a massive 30% upside. Microstrategy allows the use of leverage to invest 2x your cash for larger gains. Comes with more risk but bigger gains.. Who doesn't want more gains? - HHAnalaysts .. We are not a finciancial advising company. Please invest at your own risk.
