MSTR/BTC

28 sept. 2024

Hi, this chart is Microstrategy denominated in Satoshis. You can see that I changed the currency in the drop-down menu in the top, right-hand corner. So what do we see? Saylor turning bullish sats. It’s always wonderful to find something that is bullish sats, because if it’s not bullish sats, then there’s no reason to be in it. CIFR is also looking like it can turn net bullish Sats, so I have a position in that. And now, Yesterday, I have a position in MSTU, which is 2XMSTR ETF with a 2% daily decay. One strategy might be to sell MSTU when MSTR/BTC reaches your upside target. That is $770 MSTR at today’s Bitcoin price, or $1500 MSTU, and it’s $44 at the week close. Good luck out there traders.