2 days ago

MSTR Stock Faces Pressure After Strategy’s BTC Credit Update

TLDR Strategy’s BTC Credit model assumes a 10% Bitcoin annual return, 40% volatility, and a $62,900 BTC price. MSTR stock trades at $93.28, below its 20-day, 50-day, and 200-day moving averages. The daily Ichimoku Kijun at $93.37 serves as the nearest resistance level. MACD, RSI, CCI, and Stochastic RSI readings point to continued bearish momentum. [...]

The post MSTR Stock Faces Pressure After Strategy’s BTC Credit Update appeared first on Blockonomi.

Source: Blockonomi →