MSTR - Ripping Short Squeeze Could Be In The Pipeline

[lingriiddd]

Has looked terrible for quite some time now.

And although it may not ever make another high, I think it may be time for a hard bounce.

Notice that as Bitcoin hits $94K, it has gone oversold on the week RSI and has re-tested the previous tier - 2024 peak.

For this to be a perfect setup, MSTR would be within the 1:1 Golden Window, but it is not - the 1:1 GW is slightly below.

This may signal that it may slip down a little more to that ratio band.

But bounces do also arrive without perfect ratio - especially in selling climaxes.

MSTR is a very popular stock for shorts and Michael Saylor seems to be a popular villain character amongst crypto bears.

So I think we may get a ripping short squeeze either here or slightly lower.

Remember that MSTR often leads Bitcoin at the start of bullish phases - so perhaps that may happen again.

If it did then we may see a swift recovery if Bitcoin is also finding a low 🤨.

This analysis is shared for educational purposes only and does not constitute financial advice. Please conduct your own research before making any trading decisions.

[Nahid Hossen]

Setup looks perfect for a squeeze — too many shorts piled in.

[Abdul Khan]

If MSTR catches momentum, upside could be explosive.