Based on TheMarketPeriodical, MSTR stock has entered the RSI buy zone, a technical signal that historically coincided with Bitcoin bottoms. Analysts note that the stock is in oversold conditions and testing a key long-term support level. TD Cowen maintains a Buy rating on MSTR with a $535 target, despite ongoing selling pressure and concerns over potential MSCI index exclusion. Michael Saylor has expressed confidence in the firm's resilience, even if Bitcoin drops to $25,000. Recent on-chain activity shows 58,390 BTC, valued at $5.1 billion, were transferred to Fidelity’s custody system, raising questions about the firm’s strategy.
MSTR Stock Enters RSI Buy Zone, Suggesting Bitcoin Bottom
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