The 7 @MicroStrategy (and #Bitcoin) catalysts traders are watching for the next 8 weeks
đ1-13) Bitcoin and crypto markets often thrive on momentum, where success lies in backing the winners, doubling down on them, and cutting underperformers quickly. While we made strong bullish calls on several Bitcoin miners last year, identifying similarly attractive entry points this time has been more difficult. The opportunities havenât aligned, and the anticipated divergenceâwhere miners' rising revenues outpace their stock pricesâhas yet to occur.
đ2-13) Momentum has continued for MicroStrategy, following the potential breakout we identified a week ago. The stock has surged 16% in the past week, reaching new all-time highs with a market capitalization of $43 billion. This upward trend could persist, with several critical catalysts on the horizon. As mentioned, this may create a 'tail wags the dog' scenario, where MicroStrategy's stock performance could positively influence Bitcoinâs price.
đ3-13) Several key catalysts (see timeline below) are on the horizon for MicroStrategy and Bitcoin, which could significantly impact their performance. Full report: https://mail.10xresearch.co/p/the-7-microstrategy-and-bitcoin-catalysts-traders-are-watching-for-the-next-8-weeks