Happy New Year! To kick off the year with momentum, I've revisited and updated the MSTR chart for fresh insights.
Not financial advice
MicroStrategy (MSTR) is a leading business intelligence and analytics company, well-known for its significant investments in Bitcoin. Its stock price is closely tied to both its core business and Bitcoin's performance, making it an exciting watch for 2025. Key Levels: Near term key levels are highlighted in orange.
Overthrow: A concept in EW theory that explains the momentous break of a uptrend channel which then reverses strongly in the opposite direction often indicating buyer weakness.
Notice the 47.88% draw down since this overthrown candle.
Wishing you all a prosperous year ahead and a fantastic day!
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