MSTR 10x From Here
This fractal compares the current price action of MSTR to its price action in 2021, during the previous Bitcoin bull market. This time, it is moving slower, so the time interval was adjusted to 1 week instead of 1 day. The next base consolidation target is around December 2024, with a top expected around April-June 2025.
Trade active
So far, so good! Next targets are $333 and $444.Note
$444 target almost reached. It may go into a correction mode until next month. And then the final leg up!Note
$444 target is still on the table!Note
This thing is crazy! It broke through $444 like a knife through butter. No idea when it will take a break. However, the final target next year is definitely above $1,000.Note
Things are clearer now. This is my latest analysis for the next leg up.
Note
This correction bottomed around $333. I expect a few weeks of consolidation around the $333 and $550 range before the next leg up. Next targets are $850, $1050, and $2000. $2000 may be reached by a long wick, not sustainably.
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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.