MSTR is lagging behind bitcoin, a great short opportunity
MSTR stock is but a clever way to get around the regulators and have a bitcoin ETF. The stock is nothing but a representation of a massive, leveraged bitcoin position.
As such, it is bound to get hurt massively as bitcoin crashes once again. Currently, it is still lagging behind bitcoin and this is precisely where I see a high reward short. BTC-USD chart already had its "spine broken" while MSTR still lags a bit behind.
Expecting the last year's lows to be re-visited. Keeping the stop just above the current price action at +8% from here ($296).
As such, it is bound to get hurt massively as bitcoin crashes once again. Currently, it is still lagging behind bitcoin and this is precisely where I see a high reward short. BTC-USD chart already had its "spine broken" while MSTR still lags a bit behind.
Expecting the last year's lows to be re-visited. Keeping the stop just above the current price action at +8% from here ($296).
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.