MicroStrategy's price is correlated with Bitcoin price. If we see a downturn in Bitcoin price in the short term, there may be a strong chance that MicroStrategy will also drop. One key area of support is the long term trendline outlined in the chart. The price point is around $590-610 range.
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Check out more below for recent Altcoin, Bitcoin and Stock Ideas.
Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis . Don't trade based on my advice. Do your own research! #cryptopickk #bitcoin #altcoins
What are your opinions on this? Comment below, hit the like and follow me. Thank you!
Check out more below for recent Altcoin, Bitcoin and Stock Ideas.
Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis . Don't trade based on my advice. Do your own research! #cryptopickk #bitcoin #altcoins
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