The strategy is approaching 200 simple mobile average such as BTC gatherings

Strategy (MSTR) Approach its 200 -day simple mobile average (200sma)A largely followed technical indicator which smooths the price action by calculating the average closing price during the last 200 days of negotiation. Traders often consider it a key marker for a long -term trendy direction.

MSTR is currently negotiating just over $ 350, slightly below $ 355. The stock has been under this level since August 25, with the only other period of weakness this year to come in April during the so-called Trump price. Thursday, shares jumped 6%, bouncing a support line tested for the last time in September 2024 and April 2025.

The rally coincides with Bitcoin’s strength, which approaches $ 118,000, almost a one -month summit. Bitcoin has increased by more than 8% in September, which has been rhythm for its best September since at least 2013. Since the start of the year, MSTR has won 18% compared to the increase of 22% Bitcoin.

Elsewhere in the space of the Bitcoin Treasury, companies continue to be hard. Japan Metaplanet (3350) dropped by 10% on Thursday and is now down almost 75% compared to its top of all time.

Leave a Comment

Your email address will not be published.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

Scroll to Top