We observe that 
MSTR is breaking out of a zone that could determine the downtrend. This is also visible in the Dynamic RSI, which shows a continuous decline. Additionally, the current news for BTC is not favorable, suggesting that BTC could gradually decrease. This might mark the beginning of an Altcoin season. Since MSTR holds a significant amount of BTC, this has a substantial impact on its stock price, potentially causing it to fall into the resistance zone.
MSTR is breaking out of a zone that could determine the downtrend. This is also visible in the Dynamic RSI, which shows a continuous decline. Additionally, the current news for BTC is not favorable, suggesting that BTC could gradually decrease. This might mark the beginning of an Altcoin season. Since MSTR holds a significant amount of BTC, this has a substantial impact on its stock price, potentially causing it to fall into the resistance zone.
Building and managing multiple projects | Trader & Analyst with 5+ years of experience
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Building and managing multiple projects | Trader & Analyst with 5+ years of experience
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.