The stock of MSTR has achieved an impressive monthly close at 407.39 USD, up by 6%. This performance coincides with a bullish trend for Bitcoin, whose price is currently supported above 107,000 USD, and it shows potential to break through its resistance level.
Recent inflow data from Bitcoin ETFs indicates a positive sentiment in the market, supporting BTC’s current price action. With resistance noted at 109,631 USD, traders are observing if Bitcoin can maintain its upward trajectory or face a bearish reversal in the near term.
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