MSTR approaches 200-day moving average as Bitcoin rallies up 8%

MSTR is trading just over 350 USD, close to its 200-day simple moving average of 355 USD. The stock shows resilience, gaining 18% this year as it responds positively to Bitcoin’s impressive rally.

Bitcoin is nearing 118,000 USD, marking an 8% increase in September. This rise highlights a strong market trend, with MSTR’s performance closely tied to Bitcoin’s success.

Comments

Leave a Reply

Your email address will not be published. Required fields are marked *

More posts