As price holds below $344, odds favor a continuation lower to retest February lows, with later potential bounce and one more push to macro-support levels: 160/150-120 (with a potential extension to 105)
(see. recent idea on BTC price structure)
If BTC and broad market indexes show signs of stabilization and short-term strength over the coming weeks with MSTR price rising above 344, the odds are shifting to a more pronounce bounce to 400-460 resistance levels.
Weekly chart:

From a macro perspective:
as long as price remains below the 460 level, I consider the bullish trend since 2008 lows to have topped in November 2024, with current price action unfolding as part of a larger corrective Wave c.4 structure. Otherwise, If price reclaims ATH the door opens for an extension to 780-1280 resistance levels.
Monthly chart

Recent idea on BTC: https://www.tradingview.com/chart/BTCUSD/kWQxwuLL-BTC-Mid-Term-Outlook-Key-Levels-Wave-Structure/
(see. recent idea on BTC price structure)
If BTC and broad market indexes show signs of stabilization and short-term strength over the coming weeks with MSTR price rising above 344, the odds are shifting to a more pronounce bounce to 400-460 resistance levels.
Weekly chart:
From a macro perspective:
as long as price remains below the 460 level, I consider the bullish trend since 2008 lows to have topped in November 2024, with current price action unfolding as part of a larger corrective Wave c.4 structure. Otherwise, If price reclaims ATH the door opens for an extension to 780-1280 resistance levels.
Monthly chart
Recent idea on BTC: https://www.tradingview.com/chart/BTCUSD/kWQxwuLL-BTC-Mid-Term-Outlook-Key-Levels-Wave-Structure/
Делюсь опытом работы на финансовых рынках в личном блоге: t.me/marketartistry
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Делюсь опытом работы на финансовых рынках в личном блоге: t.me/marketartistry
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.