Tag: MSTR
-
MicroStrategy (MSTR) Just Split 10:1
MicroStrategy (MSTR) split 10:1 after the bell on Friday. While it won’t change any of the company’s fundamentals, it will make the stock far more attractive at a lesser cost to more investors. Using Friday’s closing price of about $1,448, the stock should open at $144.80 on Monday. However, we don’t expect for MSTR to…
-
How to Trade the Potential for $100,000 Bitcoin
Bitcoin is up again. Last checked, it’s up by $2,056 to $69,261.70. All thanks to the upcoming BTC halving event on April 20, high demand for Bitcoin ETF, and the fear of missing out. From here, it could see $100,000 by September, says Rich Dad, Poor Dad author Robert Kiyosaki. “He foresees a potential surge…
-
Bitcoin is Quickly Approaching $60,000
Bitcoin has been explosive. Over the last day, the digital currency is up nearly $1,853 to $56,383.10 – and could be headed to $60,000 near-term. All thanks to the upcoming Bitcoin halving, a potential U.S. government shutdown, and the fear of missing out (FOMO) among traders. With regards to the halving, “Today is settlement day…
-
Top Ways to Trade the Latest Bitcoin Rally
Bitcoin (BTC) is exploding again. And as long as that lasts, you may want to jump into its beneficiaries, including the mining stocks (Marathon Digital and Riot Platforms) and even stocks in companies with significant BTC holdings, including MicroStrategy (MSTR). Even the ProShares Bitcoin Strategy ETF (BITO) should push aggressively higher. Part of the reason…
-
Top Ways to Trade the Bitcoin Boom
“With Bitcoin still pushing higher, keep an eye on the miners,” we said on Nov. 15. “Last checked, BTC was up to $37,471, and could see $40,000 near-term. All in anticipation of a Bitcoin ETF.” Today, Bitcoin just crossed $44,000 and could see higher highs. As for the miners, and other Bitcoin-related stocks we mentioned…
-
Top Ways to Trade the Bitcoin Boom
With Bitcoin still pushing higher, keep an eye on the miners. Last checked, BTC was up to $37,471, and could see $40,000 near-term. All in anticipation of a Bitcoin ETF. In fact, “At least nine asset management firms — including BlackRock, Wisdom Tree, Valkyrie, and others — are waiting for Securities and Exchange Commission approval…
-
MicroStrategy Could See Higher Highs after a Pullback
“With Bitcoin quickly nearing $31,000, stocks like MicroStrategy (MSTR) are exploding. All in hopes a Bitcoin ETF will finally be approved,” we noted on Oct. 23. “MSTR last traded at $362.45 – up $14.41 on the day—and could push higher after breaking above its 50-day moving average. It’s also now above triple-top resistance. And if…
-
Why MicroStrategy Could Test $500 this Year
“With Bitcoin quickly nearing $31,000, stocks like MicroStrategy (MSTR) are exploding. All in hopes a Bitcoin ETF will finally be approved,” we noted on Oct. 23. “MSTR last traded at $362.45 – up $14.41 on the day—and could push higher after breaking above its 50-day moving average. It’s also now above triple-top resistance. And if…
-
MicroStrategy Breaking Out on Bitcoin Rally
With Bitcoin quickly nearing $31,000, stocks like MicroStrategy (MSTR) are exploding. All in hopes a Bitcoin ETF will finally be approved. Helping, according to Bitcoin.com: “Steven Schoenfeld, former head of International Equity Product Strategy at Barclays Global Investors (now Blackrock), expects the U.S. Securities and Exchange Commission (SEC) to approve all spot bitcoin exchange-traded fund…
-
Top Ways to Trade a Potential Bitcoin Bounce
Keep an eye on Bitcoin. After a devastating pullback from about $48,000 to $26,000, it’s just starting to pivot higher. It’s also incredibly oversold on RSI, MACD, and Williams’ %R. Plus, most of the Terra USD (UST) crash may have been priced into the crash, too. “Bitcoin has been a casualty of the broader market selloff…