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…