REALISTIC RECOVERY AFTER THE MAZE - MICROSTRATEGY - MSTR - DAILY
Rare are the one's publicly showing that they are going all in the bitcoin investment because of its volatility.
Looking at the MSTR Nasdaq "Microstrategy" curve since 2020, we see a pattern looking like any small gem crypto chart pattern on any DEFI (Decentralized Finance) platform. It went up with lot of maze, became parabolic and ended with super volumes top squeeze. After the fall we see some consolidation and later on a more realistic price increase in a flatter angle.
The red horizontal zone is probably the area where the price is trying to find a support. Huge sells volumes have been defeated recently. We will probably see the price increase if it passes over this red zone with nice volumes.
The end of year possibly will probably see a much more "greener" Bitcoin, will it become profitable for MSTR?
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Thanks for your likes, shares and comments! Much appreciated! This is not financial advise, just some ideas shared with the community.
Looking at the MSTR Nasdaq "Microstrategy" curve since 2020, we see a pattern looking like any small gem crypto chart pattern on any DEFI (Decentralized Finance) platform. It went up with lot of maze, became parabolic and ended with super volumes top squeeze. After the fall we see some consolidation and later on a more realistic price increase in a flatter angle.
The red horizontal zone is probably the area where the price is trying to find a support. Huge sells volumes have been defeated recently. We will probably see the price increase if it passes over this red zone with nice volumes.
The end of year possibly will probably see a much more "greener" Bitcoin, will it become profitable for MSTR?
____________________________________________________________________________________
Thanks for your likes, shares and comments! Much appreciated! This is not financial advise, just some ideas shared with the community.
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