3rd OF DECEMBER CHANGE - MICROSTRATEGY - MSTR - DAILY
An overall view of MicroStrategy company buying the BTC deeps and having his curve being more more correlated to the Bitcoin evolution.
We can see that overall , they were some FOMO in the first part the year 2021. But the price in finding support on an ascending probable trend marked by the green line.
The market rebonds on it every time that the Bitcoin went down. The 3rd of December have seen the market breaking the uptrend green line for the first time.
There is a probable horizontal very strong support which is in red. Next week will possibly be a major week for the MicroStrategy price evolution as it might evolve under the red horizontal super strong support. OR, do a strong pullback on it to try to find its normal uptrend.
Beware of volumes which are probably not that indicative. We have seen in the pass super strong volumes for not much price movement.
Not financial advice please do your own search.
We can see that overall , they were some FOMO in the first part the year 2021. But the price in finding support on an ascending probable trend marked by the green line.
The market rebonds on it every time that the Bitcoin went down. The 3rd of December have seen the market breaking the uptrend green line for the first time.
There is a probable horizontal very strong support which is in red. Next week will possibly be a major week for the MicroStrategy price evolution as it might evolve under the red horizontal super strong support. OR, do a strong pullback on it to try to find its normal uptrend.
Beware of volumes which are probably not that indicative. We have seen in the pass super strong volumes for not much price movement.
Not financial advice please do your own search.
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