MSTR lost billions in less than 1 week. Its game over for Saylor. He will need a miracle to save himself from this mess hes created. Joke of the day, "Bitcoin is a store of value and hedge against inflation". 😂
MSTR trade ideas
MSTR AND BITCOIN SWING BATTER AND STRIKE 3 YOUR OUTMargin CALL just started watch for the exits . tonights show on cnbc BITCOIN
Serious Risk For Microstrategy & Bitcoin (MSTR + BTC)This is a short post. Over the last few months, I've written and spoken about why Michael Saylor's entrance into Bitcoin has contributed to my skepticism about the valuation of the market, since the MSTR chart eerily echoes the bubbly behavior from the dotcom boom. As leverage and profit come out of the market, I think MSTR will be severely impacted. Saylor himself has said that holding MSTR is the closest you can get to holding a Bitcoin spot ETF. I think this is all going to backfire, and result in a precipitous drop for both. If MSTR declines back to $160 per share, I expect Bitcoin also to fall at least 50% and break the $20k line.
As shown on the left, Bitcoin can bounce at this trendline to begin the next month and perhaps make an attempt at the $50k level. This is seeming less and less likely, but you never know! I always acknowledge the alternate possibility. We'd need to see a dovish shift from the fed and/or student loan cancellation for that to occur, in my opinion.
Immediate Bearish targets for Bitcoin:
$17.2k
$13.4k
$9.7k
MSTR:
$227
$165
$121
This is not meant as financial advice. This is meant for speculation and entertainment only - this represents my opinion. There are plenty of other opinions out there :)
-Victor Cobra
$MSTR Bounce to ShortNatural covering/buyers here. Could see the lows get taken out and get shorts really worked up and emotional only to squeeze them out back to low $400s where quarterly vwap sits and is curling down. Would be a perfect way to trap new longs and also shake out the shorts looking to freeload and ride the momentum downwards. Some of this depends on BTC spot, some depends on the Q's and where the FOMC decision takes us tomorrow. IMO not a good company, pretty ugly balance sheet and I wouldn't be shocked to see this eventually go much much lower. As with intraday movements on anything tradeable, when price keeps probing lows and highs it doesn't not usually do so to bounce/reject like many retail is taught to buy/short at similar levels. It creeps around these levels to BREAK them even if momentarily, get everyone off sides and THEN make the real move up or down. Good luck.
NASDAQ:MSTR Bear of The DayMicroStrategy 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.
$MSTR bear flag break down. Down 9% today.$MSTR bear flag break down. Down 9% today. $MSTR trades like a BTC leveraged ETF. MSTR and BTCUSD are highly correlated but MSTR is more volatile. indicators are bearish too. Dotcom bubble 2.0
Earnings coming this week.
TRADE PLAN FOR MSTRHello guys, a look at MSTR from the chart we are in a short term bearishness and we follow the chart and set our buy orders....
tradehubng
$MSTR is setup for a bear market along with BTCUSD$MSTR is what all the institutions who cannot buy bitcoin bought last year as derivative for BTC exposure. Looks like the smart money is selling MSTR. Let see what happens in the coming weeks. $MSTR is a strong indicator of how BTCUSD will perform.
MSTR - Where to Buy Next for Bulls?380-400 is my target to buy.
MacD on the daily is curling and about to cross downwards meaning there could be further downside pressure on the stock. The bottom trendline shows where to consider a high probability bull trade.
Good luck and not financial advice.
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? :)
$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.
