MicroStrategy had previously invested approximately $4.17 billion in the purchase of 140,000 #BTC (average purchase price of $29,803), the price returned to a small profit after 10 months of drawdown.
MSTR shares are up +120% this year. Which is 20% more than he grew himself #bitcoin
If we consider #BTC in a downward trend. Then the price has just reached the upper limit of this trend, from which it is likely to continue moving down the trend.
Personally, this all makes me think of a “bull trap”
If we consider #BTC in a new growing trend. And take into account the fact that the price has consolidated above the accumulation. Then probably #BTC the nearest zones of interest are expected at $28k-30-32k.
This whole thing looks positive as long as the price is above $24k.