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MicroStrategy (MSTR) Stock Stares At Massive Breakout, Will BTC Price Catch Up?

MicroStrategy (MSTR) Stock Stares At Massive Breakout, Will BTC Price Catch Up?

MicroStrategy, the world’s largest corporate Bitcoin holder and a proxy bet for investors, is seeing strong bullish action on Wall Street. The MSTR stock price is currently at a 6-month trading $192.20 level as of Tuesday’s closing, and eyeing a major breakout above $200. If history repeats, the BTC price will soon catch up with the MSTR stock gains, leading to a surge to $70,000 and beyond.

MicroStrategy Stock on Investors’ Radar

The MicroStrategy stock has seen strong buying interest in recent times with a staggering 53% recovering over the past month. This proxy Bitcoin bet has consistently outperformed the BTC price gains ever since the company adopted the Bitcoin…

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